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Top managers devote most of their time to developing long-range plans for their organizations.
Par Value
The nominal or face value of a bond, share of stock, or coupon as indicated on a certificate or instrument.
Par Value
The nominal or face value of a bond, stock, or coupon as stated by the issuer, which is typically not indicative of its market value.
Stated Value
A nominal value assigned by a company to its issued shares, which may be above or below the market value.
Shares
Units of ownership in a company, typically traded on a stock exchange, representing a portion of the corporate equity.
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