Question: Mega Computer issued new stock through an IPO with a par value of $10 and then sold the shares to the public for $20.00 each.

Mega Computer issued new stock through an IPO with a par

Mega Computer issued new stock through an IPO with a par value of $10 and then sold the shares to the public for $20.00 each. Ted bought 10 shares at that price. Today, Ted sold his shares to Deirdre for $25.00 each. What is the market value of the stock? a. $45.00 b. $20.00 c. $5.00 d. $25.00 QUESTION 16 e. $10 B

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