Final answer:
To determine the total value of shares sold at par value, multiply the number of shares by the par value per share. Without the par value given, we cannot calculate the exact total value, but a hypothetical example with a $10 par value results in a total value of $100,000.
Step-by-step explanation:
To calculate the total value of shares sold at par value, we need to know the par value per share, which is typically a dollar amount assigned to each share of stock. However, the question does not provide the par value of the company's stock. Assuming a hypothetical scenario where the par value is $10 per share, the total value of 10,000 shares sold at this par value would be $100,000 (10,000 shares * $10 per share).
If different par values were given, such as $1, $100, or $1,000 per share, the total values would be correspondingly $10,000, $1,000,000, or $10,000,000. Typically, par value is set at a nominal value that is very low, often just $0.01 or $1. Without knowing the exact par value per share for this company, we cannot definitively say what the total value of the shares is.