the most important feature of the preemptive right is that the rights
The most important feature of the preemptive right is that the rights: a. may be sold for profit. b. afford stockholders protection against dilution. c. may be cumulatively voted. d. are nontransferable. 2. The effect of a rights offering on a stockholder is to: a. increase his/her wealth. b.... show more 1.