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    Fundamentals of Corporate Finance Study Set 7
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    Exam 14: Introduction to Corporate Financing and Governance
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    How Much Will Be Recorded as a Firm's Additional Paid-In
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How Much Will Be Recorded as a Firm's Additional Paid-In

Question 12

Question 12

Multiple Choice

How much will be recorded as a firm's additional paid-in capital if the firm issues 1 million shares that have a $5 par value for $15 per share?


A) $0
B) $5 million
C) $10 million
D) $15 million

Correct Answer:

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