Examlex
Which number is correctly rounded to the place indicated?
No-Par Stock
Refers to shares issued without a nominal or face value, where the price is determined by the market or the company's board.
Treasury Stock
Shares that were issued by a company and then repurchased, not considered when calculating dividends or earnings per share.
Par Value
A nominal or face value assigned to a security or stock, which may bear no relation to its market value.
Paid-In Capital
The sum of funds that a corporation has obtained from investors in return for stock shares.
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