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The Price at Which New Shares Are Sold to Investors

question 10

True/False

The price at which new shares are sold to investors almost always exceeds par value.The difference is entered into the company's accounts as additional paid-in capital,or capital surplus.


Definitions:

Strings

Strings are sequences of characters used to represent text in computer programming.

Scanf()

A function in C programming used to read formatted input from the keyboard or other input streams.

Gets()

Gets() is a function in C that reads a line from stdin into the buffer pointed to by its argument until a terminating newline or EOF.

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