document.write( "Question 619798: If you own 500 shares (2% of a corporation's stock) and the corporation issues 15,000 new shares, how many of the new shares can you purchase under preemptive right?\r
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document.write( "A. 500\r
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document.write( "B. 800\r
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document.write( "C. 0\r
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document.write( "D. 300
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Algebra.Com's Answer #389791 by vleith(2983)![]() ![]() ![]() You can put this solution on YOUR website! You own 2% of the company and have the right to ensure you can purchase up to 2% preumptively of any new offering. So you are being asked, what is 2% of 15,000 \n" ); document.write( " |