Presenting Paid-In Capital Honda Motor Company is the largest producer of motorcycles in the world, as well as a major auto manufacturer. Honda included the following items in its 2003 balance sheet (in millions of Japanese Yen [*]):

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Common stock-authorized 3,600,000,000 shares; issued 974,414,215 shares Additional paid-in capital* *Honda actually used the term "capital surplus instead of the better term, paid in capital. 1. What is the par value of Honda's common stock? 86,067 172,529 2. What was the average price per share paid by the original investors for the Honda common stock? 3. How do your answers compare with the 4,000 market price of the stock at the end of fiscal 2003? Comment briefly.