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The par value of a share is also known as its

The par value of a share is also known as its
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Premium price
  • B Market price
  • C Discount price
  • D Nominal price
Correct Answer: Option D
Explanation:
Nominal value of a security, often referred to as face or par value, is its redemption price and is normally stated on the front of that security.

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