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par value

Which of the following is correct with regard to "par value"?

a. It indicates the worth of the stock at issue.

b. It is the minimum price at which the stock may be sold by the corporation at issuance.

c. It represents the maximum price at which the stock may be sold at issuance

d. It represents the amount for which the stock must be traded.

Solution Summary

This job highlights par value.

$2.19