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Assume there are two companies organized at approximately the same time and engaged in competing businesses. One company issued $ 0.1 par common stock and
Assume there are two companies organized at approximately the same time and engaged in competing businesses. One company issued $ 0.1 par common stock and another one issued $10 par common stock. Can you tell which companys stock is preferable as an investment? Why? If you need additional information to decide which stock is a better investment, what kind of information will you need?
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