Question: vi1. The preemptive right is important to shareholders because it a. allows managers to buy additional shares below the current market price. b. will result

 vi1. The preemptive right is important to shareholders because it a.

vi1. The preemptive right is important to shareholders because it a. allows managers to buy additional shares below the current market price. b. will result in higher dividends per ahare. c. protects the current shareholders againat a dilution of their ownership interests. d. is included in every corporate charter. e. protects bondholders, and thus enables the firm to issue debt with a relatively low interest rate

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