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Par value: A. represents the original...

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Question

Accounting

Par value:
  • A. represents the original selling price for a share of stock
  • B. is an arbitrary amount establishing the legal capital for a share of stock and is the minimum amount that shareholders must contribute to acquire the stock
  • C. is established for a share of stock after it is issued
  • D. represents what a share of stock is worth in the stock market

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