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Absent restrictive provisions, one of the basic stockholders' rights is called the preemptive right. Discuss this basic stockholder right and its advantages and disadvantages from

Absent restrictive provisions, one of the basic stockholders' rights is called the preemptive right. Discuss this basic stockholder right and its advantages and disadvantages from both the stockholder and stock issuer point of view. So 2 things 1.what are the advantages from stockholder view and stock issuer point of view?

2. disadvantages from the stockholder and stock issuer point of view.

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