1. Rights and privileges of common stockholders Larry Nelson holds 1,000 shares of General Electric (GE) common stock. As a stockholder, he has the right to be involved in the election of its directors, who are responsible for managing the company and achieving the company's objectives. True or False: Larry will receive dividends before preferred stockholders. False True Larry also holds 2,000 shares of common stock in a company that only has 20,000 shares outstanding. The compary/: stock currently is valued at $43.00 per share. The company needs to raise new capital to invest in production. Ther company is looking to issue 5,000 new shares at a price of $34.40 per share. Larry vorries about the value of his investment. Larrys current investment in the company is . If the company issues nevi shares and Larry makes no additional purchase. Larry's investment will be worth This scenano is an axample of - Larry could be protected if the firm's corporate charter includes a provision If Larry excercises the provisions in the corporate charter to protect his stake, his investment value in the firm will become