What is the meaning of "par value" of stock?

What will be an ideal response?


"Par value" is an arbitrary value assigned to stock when it is authorized. Historically, par value represented the maximum liability of the investor and represents the minimum amount of assets that should be maintained as protection for creditors.

Business

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Which of the following statements is not true of Millennial employees?

A. They want acclaim and think everyone should get a trophy. B. They are racially and ethnically diverse. C. Many are burdened by financial hardships. D. Many live with their parents. E. Many are unable to afford their own homes due to student-loan debt.

Business

A finder of a mislaid property can claim title to the property if it is found within the finder's premises

Indicate whether the statement is true or false

Business

Research by Bedi and colleagues found that a leader’s ethical behavior tends to correlate positively with ______.

A. the number of decisions leaders make B. ratings of reward power C. followers’ ethical behavior D. scores on narcissism scales

Business

Which of the following is true for European call and put options?

A. If they have the same strike price, they have the same implied volatility B. If they have the same time to maturity, they have the same implied volatility C. If they have the same strike price and time to maturity, they have the same implied volatility D. None of the above

Business