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1 Peixotto Media s charter authorizes the sale of 35 000 000 shares of stock but it will begin by offering 20 000 of them at a par value of 4 per share John William currently has 500 that he would like to invest in this company s stocks a How much stock will John William be able to purchase 2 points 1a John William will be able to purchase 2000 shares of stock I b What privileges will John William have as a shareholder in Peixotto Media 3 points 1b The privileges that John Williams will have as a shareholder in Peixotto Media are that
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