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When shares are sold at more than the par value, they are said to have been issued at

When shares are sold at more than the par value, they are said to have been issued at
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A A premium
  • B Normal value
  • C A discount
  • D A profit
Correct Answer: Option B
Explanation:
Par value  (also known as par, nominal value or face value) is the face value of a bond. Par value for a share refers to the stock value stated in the corporate charter.Â

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