U. stock D. Preferred stock E. Authorized stock 7. Par value of a stock refers to the A. Issue price of the stock. B. Value assigned to a share of stock by the corporate charter. C. Market value of the stock on the date of the financial statements. D. Maximum selling price of the stock. E. Dividend value of the stock. 8. Owners of preferred stock often do not have: A. Ownership rights to assets of the corporation. B. Voting rights. C. Preference to dividends. D. The right to sell their stock on the open market. E. Preference to assets at liquidation