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Allee owns 5 0 0 of the 5 , 0 0 0 shares outstanding of General Myopics. GM plans to issue 6 0 0 new

Allee owns 500 of the 5,000 shares outstanding of General Myopics. GM plans to issue 600 new shares. If those shares include preemptive rights, Allee may buy:
a.
all 600 shares before anyone else.
b.
600 shares at the same price he paid for the other stock.
c.
6 shares at a discount of 10%.
d.
60 of the 600 shares before anyone else.

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