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Understanding No Par Value Stock by blezyl is a document available to read on EtoBox.
What is Understanding No Par Value Stock about?
No par value stock is shares issued without a listed par value on the certificate. Historically, par value was the initial sale price but companies set it very low to avoid liability if the market price fell below par value. Some states allow no par stock, which eliminates this theoretical liability. With no par value stock, the price is determined solely by what investors are willing to pay based on their assessment of the company
- Author
- blezyl
- Language
- EN