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How many shares need to guarantee elected to the board

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Question 1: You want a seat on the board of directors of Four Keys, Inc. The company has 195,000 shares of stock outstanding and the stock sells for $72 per share. There are currently 4 seats up for election. The company uses straight voting. How many shares do you need to guarantee that you will be elected to the board?

option 1: 48,750 shares

option 2: 87,751 shares

option 3: 68,251 shares

option 4: 39,001 shares

option 5: 97,501 shares

Reference no: EM132469102

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