The par value of common stock represents the

Name: The par value of common stock represents the
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The par value of common stock represents the legal nominal value assigned to the stock. It is typically a small amount and does not necessarily reflect the actual value of the stock. It is usually set by the company's board of directors and is stated on the stock certificate. It does not represent the liquidation value, book value, or amount received by the corporation when the stock was originally issued.

The Par Value of Common Stock Represents the