Business, 24.04.2020 22:11 CauseWhyNot6235

Larry also holds 2,000 shares of common stock in a company that only has 20,000 shares outstanding. The company’s stock currently is valued at $42.00 per share. The company needs to raise new capital to invest in production. The company is looking to issue 5,000 new shares at a price of $33.6 per share. Larry worries about the value of his investment.
Larry's current investment in the company is.

a) $92,400 b) $84,000 c) $33,600 d) $50,400
If the company issues new shares and Larry makes no additional purchase, Larry's investment will be worth .

a) $201,600 b) $84,000 c) $120,960 d) $80,640
Larry Nelson holds 1,000 shares of General Electric's (GE) common stock. The annual stockholder meeting is being held soon, but as a minor shareholder, Larry doesn't plan to attend. Larry did not sell his shares but gave his voting rights to the management group running General Electric (GE).
Larry must have signed a that gives the management group control over his shares.

a) Poison Pill
b) Proxy
c) Preemptive Right
d) Corporate Charter

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Larry also holds 2,000 shares of common stock in a company that only has 20,000 shares outstanding....

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