A nominal amount determined by the corporation directors and assigned to no-par stock is called

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A stated value is a nominal amount that is determined by the corporation directors and assigned to no-par stock. Par value represents the minimum amount per share that must be paid by investors, but no-par stock does not have a par value. Book value refers to the value of the company's assets minus its liabilities and is unrelated to the stock's value. Market value is the current price at which the stock is trading on the open market and is determined by supply and demand.

A Nominal Amount Determined by the Corporation Directors and Assigned