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Par Value
The nominal or face value of a bond, share of stock, or coupon as stated by the issuing party, often used in the accounting of share capital.
Capital in Excess of Par
The amount by which the proceeds from the issuance of shares exceed the par value of the shares, often recorded in the shareholders' equity section of the balance sheet.
Homemade Dividend
A strategy where investors create their own dividend policy by selling a portion of their portfolio.
Required Return
The minimum annual percentage earned by an investment that will entice individuals or companies to put money into a particular security or project.
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