When shares are sold 'at par' it means they are issued at
Question 1 Report
When shares are sold 'at par' it means they are issued at
Answer Details
When shares are sold 'at par', it means they are issued at their nominal or face value. The nominal value is the original value of the share as determined by the company at the time of its issue, and it is usually printed on the share certificate. So, selling shares 'at par' means the shares are being sold at the exact price at which they were originally issued, without any discount or premium added. In other words, the market value of the share at the time of sale is the same as its nominal value.
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