Question

the apporxite value of par ​

Answer 1

Answer:

All you have to do now is run a simple calculation: Par value of preferred stock = (Number of issued shares) x (Par value per share). So, multiply the number of shares issued by the par value per share to calculate the par value of preferred stock.

Answer 2

Answer:

Par value is the price of a financial instrument at the time it is issued

Par value of preferred stock = (Number of issued shares) x (Par value per share).