Asked by
Jessica Parker
on Oct 15, 2024
Verified
The price at which a share of stock is bought or sold is known as par value.
Par Value
The nominal or face value of a bond, share of stock, or coupon as indicated on a certificate.
- Understand the financial principles governing the issuance of stocks, encompassing concepts such as par value, stated value, and stocks without a par value.
Verified Answer
AB
Learning Objectives
- Understand the financial principles governing the issuance of stocks, encompassing concepts such as par value, stated value, and stocks without a par value.