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Describe the theory of continental drift and explain how it relates to plate tectonics.
Watered Stock
Stock that is issued to individuals below its fair market value.
Fair Market Value
The price a willing buyer would pay a willing seller in a transaction where both parties have reasonable knowledge of the relevant facts and neither is under compulsion to act.
No-Par Stock
Shares issued without a nominal or face value, where the value is determined by the price investors are willing to pay.
Less-Value Stock
Stock that is currently trading for less than the perceived value of the company, potentially indicating an undervalued investment opportunity.
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