ssignment 09-Stocks and Their Valuation Attempts 1. Rights and privileges of common stockholders Average: /6 arry Nelson holds 1,000 shares of General Electric's (GE) common stock. The annual stocokholder meeting is being soon, but as a minor shareholder, Larry doesent plan to attend. Larry did not sell his shares but geve his voding ights to the management group running General Electric (GE), Larry must have signed a gives the maragement group control over his shares proxythat Larry also holes 2,000 shares of common stock in a company that only has 20,000 shares company's stock curmently is valued at $46.00 per share. The company needs to raise new capital to invest in production. The company is looking to issue 5,000 new shares at a price of $36.80 per share.Lamy wones about the value of his investmert. Larry's current investment in the company is $92,000he company issues new shares and Larry makes n ddtional purchase, Larry's investment will be worth This scenario is an example of Larry could be protected the frm' s corporate charter includes a t Larry exercises the provisions in the corporate charter to protect his stake, his investment value in the orm w tob cops lock controloption