shares at $15 a share. Are does not sell or exercise her rights. Thus, Todd purchases 20 shares at the subscription price Todd Aniel and Todd both own rights on TL stock that at each of them the night to purchase cd 23 Ariel and Todd both own rights on TL stock that grant each of them the right to purchase 10 shares at $15 a exercised Sloped Multiple Choice o C) a neglected rights offer o a shareholder takedown offer. o an oversubscription privilege o C) standby fee arrangement o a standby underwriting