What is the par value of a share of capital stock? What does it mean? How does

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What is the par value of a share of capital stock?

What does it mean? How does par value differ from stated value? Does stock always have a par or stated value? Would you be willing to invest in shares of stock that were selling for more than par value? Explain.

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Financial Accounting A Decision Making Approach

ISBN: 9780471328230

2nd Edition

Authors: Thomas E. King, Valdean C. Lembke, John H. Smith

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