Corporations can issue:

Question

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Corporations can issue par value shares, no-par value shares, and stated value shares. Par value shares have a designated minimum value assigned by the corporation and are typically issued at that value. No-par value shares do not have a designated minimum value assigned and are often issued at a price determined by the market. Stated value shares are similar to par value shares but have a designated value that is usually lower than the issue price.

Corporations Can Issue