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The pre-emptive right enables a stockholder to a. receive the same amount of dividends on a percentage basis as the preferred stockholders. b. receive cash
The pre-emptive right enables a stockholder to
a. receive the same amount of dividends on a percentage basis as the preferred stockholders.
b. receive cash dividends before other classes of stock without the pre-emptive right.
c. sell capital stock back to the corporation at the option of the stockholder.
d. none of these answers are correct.
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