There are 1,048,576 bytes in a megabyte, and 1,0458,576 kilobytes in a gigabyte. This is one reason why your operating system will claim that there is less memory on your hard drive than what the manufacturer claims.
The most important feature of the preemptive right is that the rights: a. may be sold for profit. b. afford stockholders protection against dilution. c. may be cumulatively voted. d. are nontransferable. 2. The effect of a rights offering on a stockholder is to: a. increase his/her wealth. b.... show more 1.
Preemptive rights are sometimes called  subscription rights , anti-dilution provisions, or  subscription privileges .. Preemptive rights are particularly relevant for convertible preferred stock. Here is an example. Assume you purchase Private Company XYZ preferred stock for $15 per share.