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If 100 Million Shares of Common Stock Are Issued with a Par

Question 3

Multiple Choice

If 100 million shares of common stock are issued with a par value of $2 and additional paid-in capital of $800 million,the total par value of the issued shares is:


A) $200 million.
B) $600 million.
C) $800 million.
D) $1 billion.

Correct Answer:

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