Examlex
Find the exact value of without using a calculator.
No-Par Common Stock
Common stock issued without a par value, where the board of directors decides the selling price.
Stated Value
A value assigned to a security or asset which is not determined by market forces.
Shares
Ownership segments in a corporation or financial asset, allowing for an equal share in declared profits, distributed as dividends.
No-Par Common Stock
Equity securities issued without a par value, where the board of directors determines the issuing price.
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