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All actions and purchases, even those of wealthy people, involve a sacrifice.
Dividend Yield
A metric indicating the proportion of a company's annual dividends in relation to its share price.
Par Preferred Stock
Preferred stock with a nominal value assigned in the corporate charter, which determines the issue price and face value for dividend calculations.
Par Common Stock
The nominal or face value assigned to a share of common stock, as stated in the corporate charter.
Market Value
The immediate market value at which one can buy or sell an asset or service.
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