If Current Shareholders Want to Acquire One Share of Stock

question 74

Multiple Choice

If current shareholders want to acquire one share of stock under a rights plan they must:

• A)acquire new shares of stock that are being issued with rights attached.
• B)simply pay a registration fee plus the subscription price per share requested.
• C)submit the number of rights required plus the subscription price.
• D)inform the issuer and submit the market price per share desired.
• E)exchange their current shares for new shares that have rights attached.

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