What is the role of the par value of a stock? If a stock has no par

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What is the role of the par value of a stock? If a stock has no par value, does this mean that it is worthless? Explain.

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Financial Management And Analysis (Frank J. Fabozzi Series)

ISBN: 9780471477617

2nd Edition

Authors: Frank J. Fabozzi, Pamela P. Peterson

Question Posted: Jun 10, 2024 02:13 AM

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What is the role of the par value of a stock? If a stock has no par

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Financial Management And Analysis (Frank J. Fabozzi Series)

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