A stock should be bought if its price is more than its estimated intrinsic value and sold if its price is under its intrinsic value. True False Question 2 1 pts Stockholders can appear at the annual meeting and vote in person, but typically they transfer their right to vote to another person by means of a proxy True False Question 3 The preemptive right prevents the selling common stock at a price below the market value that would dilute a firm's price and transfer wealth from its present stockholders to those who were allowed to purchase the new shares True Faise