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At present, total outstanding shares of X Corp is 100,000 shares. X Corp issued additional 200,000 share at 20 per share. A, a current holder
At present, total outstanding shares of X Corp is 100,000 shares. X Corp issued additional 200,000 share at 20 per share. A, a current holder of 40,000 shares. A must be given the option of to buy for how many shares? (Stockholders have preemptive right)
A. 40,000 shares
B. 200, 000 shares
C. 50,000 shares
D. 80,000 shares
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