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The par value of common stock is the a. average market price of the stock during the period in which it is sold. b. ceiling

The par value of common stock is the a. average market price of the stock during the period in which it is sold. b. ceiling (maximum) amount above which the stock may not be sold initially. c.floor (minimum) amount below which the stock may not be sold initially. d.selling price of the stock at the date it was issued by the corporation. e.same as the market value for the stock on the date of issue

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