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Baradar Baradar
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A year ago
The reason corporations give the preemptive right to stockholders is to

▸ allow them to maintain their percentage interest in the firm.

▸ keep control of the company within a small number of investors.

▸ reduce the dividend payments to the common stockholders.

▸ entice them into buying more shares of stock.
Textbook 
Personal Finance

Personal Finance


Edition: 2nd
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coconut122coconut122
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A year ago
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