Question: Select all the true statements Preemptive rights protect the current stockholders against the dilution of ownership Common stock gives the holders the right to elect
Select all the true statements
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| Preemptive rights protect the current stockholders against the dilution of ownership |
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| Common stock gives the holders the right to elect the members of the board of directors |
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| The dividend discount model can be used to estimate the intrinsic value of dividend paying stocks |
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| Stock price is always lower than intrinsic value |
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| Common stock holders have the right to receive coupon payments |
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| Firms have a contractual obligation to pay dividends |
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