An Asterisk (*)Following a Cell Reference in a Formula Is

question 58

True/False

An asterisk (*)following a cell reference in a formula is the arithmetic operator that directs Excel to perform the division operation.

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Definitions:

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.

Treasury Stock

Shares that were issued and later reacquired by the issuing company.