Given That There Are 6,000,000 Shares Outstanding in a Corporation,how

Multiple Choice

Given that there are 6,000,000 shares outstanding in a corporation,how many additional shares will be required for a minority group of shareholders to elect 4 of the 14 members on the board of directors? (Assume cumulative voting required.Assume the group already owns 400,000 shares.)

A) 1,600,001
B) 1,000,001
C) 1,714,286
D) 1,200,001