Question: Explain these terms and highlight the differences between them: No par value shares. Nominal value and market value. Ordinary shares and preference

Explain these terms and highlight the differences between them:

• No par value shares.

• Nominal value and market value.

• Ordinary shares and preference shares.

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No Par Value Shares No par value shares also known as no par or no par stock refer to shares of a companys stock that are issued without a predetermined par value Par value is the minimum price at whi... View full answer

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