Stock that has a fixed per-share amount printed on each stock certificate is called
A) Stated value stock.
B) Fixed value stock.
C) Uniform value stock.
D) Par value stock.

Question

Quizplus · Accepted Answer

Par value stock has a fixed per-share amount that is printed on each stock certificate. The par value is typically set at a low amount, such as $0.01 or $0.10 per share, and represents the minimum price at which the stock can be sold by the company.

Stock That Has a Fixed Per-Share Amount Printed on Each