The par value of a stock is an arbitrary accounting value that is of little interest to stock purchasers.

Name: The par value of a stock is an arbitrary accounting value that is of little interest to stock purchasers.
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Question

Quizplus · Accepted Answer

The par value is usually a small amount per share and has little to do with the market value of the stock or the price at which it is sold. As such, it is not a significant factor in the decision-making process of most stock purchasers.

The Par Value of a Stock Is an Arbitrary Accounting