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pentagon [3]
3 years ago
8

The par value of common stock represents: the amount received when the stock was issued. the liquidation value of a share. the m

arket value of a share of stock. the legal capital per share of stock assigned when the corporation was first established.
Business
1 answer:
Evgen [1.6K]3 years ago
7 0
The par value of common stock represents the arbitrary dollar amount assigned to a share of stock. This value <span>is the stated </span>value<span> per share as outlined in the issuing company's charter. This calue is also called the face </span>value<span> because it's the </span>value<span> printed on the face of a bond or </span>stock<span> certificate</span><span>.</span>
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You find a zero coupon bond with a par value of $10,000 and 27 years to maturity. The yield to maturity on this bond is 4.9 perc
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