If a stock has a stated value of $1, this means that the stock sells for $1 per share.

Question

Quizplus · Accepted Answer

The stated value of a stock is an arbitrary value assigned by the company's board of directors and does not necessarily reflect the market price at which the stock actually sells. The market price can be higher or lower than the stated value, depending on various factors including the company's performance, investor demand, and market conditions.

If a Stock Has a Stated Value of $1, This