Stated Value of No-Par Stock Is

Multiple Choice

Stated value of no-par stock is:

A) The difference between the par value of stock and the amount below or above par value paid-in by the stockholder.
B) An amount assigned to no-par stock by the corporation's board of directors.
C) The market value of the stock on the date of issuance.
D) An amount assigned to par value stock by the state of incorporation.
E) Another name for redemption value.