passwella.
Menu

WAEC Commerce 2007 Question 30

Question 30

Stock Exchange

If a share is sold at a price below its face value, it is sold

  1. A.above par
  2. B.at a discount
  3. C.at par
  4. D.at premium.
Show the answer and explanation

Answer: B (at a discount)

Explanation

Below face value means at a discount.