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Solve the equation by using quadratic formula:
+ p - 1 = 0
Authorized
Officially sanctioned or given permission, often used in the context of legal or financial matters to indicate approved actions or processes.
Par Value
The nominal or face value of a stock or bond as stated by the issuing company, which may differ from its market value.
Entity
An organization or being with a distinct and independent existence, usually referred to in legal, financial, or tax contexts.
No-Par Value Stock
Capital stock that has not been assigned a value in the corporate charter.
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