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In: Economics

What does it mean when we say common stock, $10 par?

What does it mean when we say common stock, $10 par?

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Expert Solution

contribution to the company capital

The face value or the initial selling value by a company is $10 afterward as per the company performance and the market price of it changes but the par value is same at any point that is the share vale or the value in the companies capital.

Rahul Sunny answered 2 years ago
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