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If a 460/115/230-volt, single-phase transformer is to be connected to obtain 460/230 volts, the two secondary coils must be connected in parallel.
Paid-in Capital
Funds received by a company from investors in exchange for stock, representing the capital that stockholders have invested in the company.
Common Stock
A type of equity security that represents ownership in a corporation, giving holders voting rights and a share in the company’s profits through dividends.
Par Value
The nominal value of a bond, stock, or other security, as stated by the issuer upon issuance.
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