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AFP CTP Question # 144 Topic 15 Discussion

CTP Exam Topic 15 Question 144 Discussion:
Question #: 144
Topic #: 15

The right of stockholders to purchase, on a pro-rata basis, any new shares issued by the company is referred to as:


A.

preemptive right.


B.

right of first refusal.


C.

existing ownership right.


D.

prevention of dilution right.


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