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Solenoid testing of a Chrysler 62TE transmission are being discussed. Technician A says that each solenoid can be tested directly. Technician B says that if a solenoid is determined to be faulty, the entire solenoid assembly should be replaced. Who is correct?
Par Value
The face value of a bond or stock as stated by the issuing company, which does not necessarily match the market value.
Treasury Stock
Shares of a company's own stock that it has reacquired but has not retired, which can be resold or used for other corporate purposes.
Paid-in Capital
The amount of money that shareholders have invested in the company through the purchase of its stock, over and above the par value of the shares.
Par Value
The face value of a bond or stock as stated in the corporate charter, which is the minimum amount the security can be sold for upon its initial offering.
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