Asked by
Derian Homer
on Nov 10, 2024
Verified
It is common practice in Canada and the United States to put a value on the share, making it a par-value share.
Par-value Share
A type of share that has a face value or nominal value assigned to it, which is the minimum price at which the shares can be issued.
- Gain insight into the variance between par-value shares and no-par-value shares and their impact on the market price.
Verified Answer
AW
Learning Objectives
- Gain insight into the variance between par-value shares and no-par-value shares and their impact on the market price.