Select all the true statements

Question 2 options:

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