What is the meaning of each of the following terms with respect to the corporate form of
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(a) Legal capital
(b) Par value of stock
(c) Stated value of stock
(d) Market value of stock
(e) Book value of stock
(f ) Authorized shares of stock
(g) Issued stock
(h) Outstanding stock
(i) Treasury stock
( j) Common stock
(k) Preferred stock
(l) Dividends
Par Value
Par value is the face value of a bond. Par value is important for a bond or fixed-income instrument because it determines its maturity value as well as the dollar value of coupon payments. The market price of a bond may be above or below par,...
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