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____ communication includes a phone call or a face-to-face conversation
Preferred Stock
A category of corporate equity that takes precedence over common stock in terms of asset claims and earnings, typically offering stable dividend payments.
Par-value
The face value of a bond or stock as stated by the issuing company, which may differ from the market value.
No-par Common Stock
A type of common stock that does not have a par value assigned, representing an ownership interest in a corporation.
Stated Value
A value assigned to a share of stock by the corporation’s board of directors, which is an arbitrary value used for accounting purposes.
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