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48,. A corporation's earned capital is its a. preferred stock.. b. retained earnings. c. common stock d. par value 1 The value at which one share of stock can be bought or sold is called a. book value. b. call value. c. ' par or stated value. d. market value. Corporation has 10,000 shares of $10 par value common stock outstanding, and current earnings of Ballard $100,000. Assume all stock is issued at par. The book value of each share of common stock is a. $10 b. $20. c. $30 >O, d. $40