4.Issue of shares at a price higher than its face value is called :
1 point
(a) Issue at a Profit
(b) Issue at a Premium
(c) Issue at a Discount
(d) Issue at a Loss
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(c) Issue at a discount.
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Answer:
(b) issue at a premium
Explanation:
it's because the face value of share is lower than it's price which it's sold in.
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