Author Question: Preemptive rights allow common stockholders to maintain their proportionate ownership in the ... (Read 33 times)

DyllonKazuo · **on:** Jul 10, 2018

Preemptive rights allow common stockholders to maintain their proportionate ownership in the corporation when new issues are made.

Indicate whether the statement is true or false

Question 2

On a purely theoretical basis, IRR is the better approach to capital budgeting than NPV because IRR implicitly assumes that any intermediate cash inflows generated by an investment are reinvested at the firm's cost of capital.

Indicate whether the statement is true or false