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IIA Exam IIA-CFSA Topic 10 Question 37 Discussion

Actual exam question for IIA's IIA-CFSA exam
Question #: 37
Topic #: 10
[All IIA-CFSA Questions]

Although these rights do not always exist, if they do, shareholders are entitled to buy any new

issue of stock in proportion to their holdings. If a person owns 5% of a corporation, then he or

she would have the right to buy 5% of newly issued shares. These are:

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Suggested Answer: C

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