Question

Par value__________. a.represents the original selling price for a share of stock b.is established for a share of stock after it is issued c.represents what a share of stock is worth d.is the monetary value assigned per share in the corporate charter

Answer 1

d. is the monetary value assigned per share in the corporate charter

Step-by-step explanation:

Par value is that which represents the face value of the bond, share. With the help of the par value we get to know the total amount of the shares. It reflects the face value per share so that we can determine the total shares value.

Let us take the example:

Suppose there are 100,000 share for $100 par value. So, the total value would be

= 100,000 shares × $100

= $10,000,000

Hence, all other options are wrong except d.