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The par value of the common stock of a large listed corporation: Is increased by net income and decreased by dividends. Tends to establish a floor for the market price of the stock. Tends to establish a ceiling for the market price of the stock. Represents legal capital and is not related to the market price of the stock.
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The par value of the common stock of a large listed corporation represents legal capital and is not related to the market price of the stock.
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Asked 6/10/2013 10:03:01 PM
Updated 1/22/2018 3:56:48 AM
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The par value of the common stock of a large listed corporation represents legal capital and is not related to the market price of the stock.
Added 1/22/2018 3:56:48 AM
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