passwella.
Menu

WAEC Commerce 2011 Question 26

Question 26

Stock Exchange

The par value of a share is also known as its

  1. A.premium price.
  2. B.market price.
  3. C.discount price.
  4. D.nominal price.
Show the answer and explanation

Answer: D (nominal price.)

Explanation

Par value is the nominal (face) value of a share.