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1. Rights and privileges of common stockholders Larry Netson holds 1,000 shares of General Electric (GE) common stock. As a stockholder, he has the right

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1. Rights and privileges of common stockholders Larry Netson 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 together with preferred stockholders. True False Larry also holds 2,000 shares of common stock in a company that only has 20,000 shares outstanding. The company's stock currently is vaiued at $50.00 per share. The compony needs to raise new capital to invest in production. The company is looking to issue 5,000 new shares at a price of s40.00 per share. Larry worries about the value of his investment. Larry's current investment in the company is investment will be worth This scenario is an example of . Larry could be protected if the firm's corporate charter includes a provision. If tarry exercices the provisions in the corporate charter to protect his stake, his investment value in the firm will become

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