F2. Shares in LMN Corporation are selling for €40 each and there are 20,000 shares outstanding. LMN use a cumulative voting system to elect directors and they currently have three directors up for election. You would really like to ensure yourself a seat on the board. How much will it cost you to ensure a seat and how many shares will you need to buy, assuming you currently have no shares in LMN Corporation? What would it cost if LMN Corporation used a straight voting system instead

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