Multiple Choice
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 corporation may sell the stock 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.
Correct Answer:
Verified
Correct Answer:
Verified
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