An amount determined by the corporation directors and assigned to no-par value stock is:

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An amount assigned by the corporation directors to no-par value stock is called stated value. Par value is a specific dollar amount assigned to each share of stock, book value is the value of an asset as reported in the company's balance sheet, and market value is the current price at which a share of stock can be traded on the open market.

An Amount Determined by the Corporation Directors and Assigned to No-Par