Examlex
Which of the following is characteristic of what Rob Walker describes as the "click" phenomenon?
Par Value
The face value of a bond or stock as stated by the issuing company, which may or may not reflect the security's market value.
Stock Split
A corporate action to increase the number of outstanding shares while reducing the price per share, keeping the overall market capitalization the same.
Par Value
The face value of a bond or stock as specified by its issuer, which does not necessarily correspond to its market value.
Stock Dividend
A dividend payment made in the form of additional shares rather than a cash payout, increasing the number of shares held by each shareholder.
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