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The par value of the common stock of a large listed corporation: A. Tends to establish a ceiling for the market price of the stock.
The par value of the common stock of a large listed corporation:
| A. | Tends to establish a ceiling for the market price of the stock. |
| B. | Tends to establish a floor for the market price of the stock. |
| C. | Represents legal capital and is not related to the market price of the stock. |
| D. | Is increased by net income and decreased by dividends.
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