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The shareholders of a company need to elect six directors

The shareholders of a company need to elect six directors and there are 150,000 shares outstanding.

1). What is the minimum number of shares they need to own to make sure that they can elect at least one director if the company has majority voting?

2). What is the minimum number of shares they need to own to make sure that they can elect at least one director if the company has cumulative voting?

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Finance Basics: The shareholders of a company need to elect six directors

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