What Is the Meaning of "Par Value" When Discussing Common

question 300

Multiple Choice

What is the meaning of "par value" when discussing common stock?

• A) The current price of a share of stock
• B) The selling price of the previous day's last transactions involving that stock
• C) The average price paid on the previous day's trades
• D) The face value of a share of common stock
• E) One dollar

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Definitions:

Independent Events

Events whose occurrence or outcome is not influenced by the occurrence or outcome of another event.

P(A and B)

The probability that both events A and B occur.

P(A)

The probability of event A occurring, an elementary concept in probability and statistics.

P(B)

The likelihood that event B will happen.