The right of common shareholders to purchase their proportional share of any common stock later issued by the corporation is called a: a) proxy right. b) financial leverage. c) right to call. d) preemptive right.

D, preemptive right

Explanation:

Preemptive right is a contract between a corporation and an investor that allows the investor to maintain his/her percentage of ownership of the corporation at all times by buying shares that corresponds to his/her percentage ownership.

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