Page 1 Question 5 (1 point) Which of the following statements is/are CORRECT? 1) A proxy is a document giving one party the authority to act for another party, including the power to vote shares of common stock. 2) The preemptive right gives the current bondholders the right to purchase, on a pro rata basis, any new shares issued by the firm. 3) The preemptive right helps to protect stockholders against both dilution of control and dilution of value. 4) Classified stocks have different voting rights such as Snap Inc. issues no voting right shares to the public via 2017 IPO process. 5) Both a, cand d are correct statements