If a share of rupeesa 100 is issued at rupees 100 it is said to be issued at ____
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If a share of rupees 100 is issued at rupees 100 it is said to be issued at Par
Explanation:
- Share issues are processes whereby the company assigns new or existing shareholders with fresh shares. If the company issues the shares, the price per share must be decided
- Any company can issue shares at their "face value" or at a "price" other than the "face value". Where the shares of a company are issued at a "price" "equal" to their "face value" it is referred as "shares issued at par".
- Where the issue price of a any share is greater than its "face value", it is referred to shares "issued at a premium". If the issue price of any share is less than its "face value", it is referred to as "shares issued at a discount".
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