Shares that have a fixed per-share amount printed on each share certificate are called
A)stated value shares.
B)fixed value shares.
C)uniform value shares.
D)par value shares.

Name: Shares that have a fixed per-share amount printed on each share certificate are called A)stated value shares. B)fixed value shares. C)uniform value shares. D)par value shares.
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Question

Quizplus · Accepted Answer

Par value shares have a fixed nominal value printed on the share certificate, which is the minimum price at which shares can be issued.

Shares That Have a Fixed Per-Share Amount Printed on Each