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re: What is the "par value" of a stock?
Posted on 5/30/16 at 7:54 pm to Spankum
Posted on 5/30/16 at 7:54 pm to Spankum
quote:
I have some old paper stock certificates and each one has a "par value" amount printed somewhere on the certificate. What does that value mean?
The price the stock was issued at, modern day stocks are usually issued at .01 or nothing at all.
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