Question
The par value of a common stock is: A) in direct relation to the market value. B) used only for bookkeeping purposes. C) always set
The par value of a common stock is:
A) in direct relation to the market value.
B) used only for bookkeeping purposes.
C) always set at $1 unless the stock is issued as no par value.
D) the basis for which cash dividends are paid the price of the outstanding shares of a corporation.
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Principles Of Public Finance
Authors: Toshihiro Ihori
1st Edition
9811023883, 978-9811023880
