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Home Q & A Board Other Fields Homework Help Business Management
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mantparn mantparn
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7 years ago
A firm has the balance sheet accounts, Common Stock and Paid-in Capital in Excess of Par, with values of $10,000 and $250,000, respectively. The firm has 10,000 common shares outstanding. If the firm had a par value of $1, the stock originally sold for ________.
A) $24/share
B) $25/share
C) $26/share
D) $30/share
Textbook 
Principles of Managerial Finance

Principles of Managerial Finance


Edition: 14th
Authors:
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UlainUlain
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mantparn Author
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6 years ago
*Incredible*
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