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Which statement about depression is incorrect?
Issued Stock
Shares of a company that have been allocated and distributed to shareholders.
Preemptive Right
This is a shareholder's right to buy new shares in proportion to their current holdings before the shares are offered to the public, helping to maintain their ownership percentage.
Par Value
The nominal or face value of a bond, share of stock, or other financial instrument, as stated by the issuing company.
Par Value
A nominal value assigned to share certificates, bond certificates, or currency, which has little bearing on its market value.
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