Examlex
Which of the following is NOT true?
Market Value
The price that a buyer pays to purchase shares of capital stock in the open market. Of course, for every buyer there is a seller.
Face Value
The nominal or dollar value printed on a security or instrument, such as a bond or currency note.
Contract Rate
The agreed-upon rate specified in a contract for performing services or supplying goods.
Bond Indenture
A contract that spells out the provisions of the contract between the corporation and bondholder.
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