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vova2212 [387]
3 years ago
11

The par value of a stock:

Business
1 answer:
SCORPION-xisa [38]3 years ago
8 0

Answer:

A) is used to determine minimum legal capital balances at issuance

Explanation:

The par value of stock represents the minimum amount that must be paid per share. Par value is also referred as the Face Value or Nominal Value of common stock.  The Par Value of common stock is  derived by Par value per share * No. of Issued Shares.

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