If the market value of a share is more than its face value, the share is said to be
A. at par
B. at discount
C. at face value
D. at premium
A. at par
B. at discount
C. at face value
D. at premium
Best answer
Answer: D. at premium
MV > FV means the share is at premium; MV = FV means at par; MV < FV means at discount.
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