Write a word / term / phrase which can substitute the statement: Shares issued at its face value.
Q.1 (B) (v) Write a word / term / phrase which can substitute the statement: Shares issued at its face value.
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Answer: Issue of shares at par
When shares are issued at a price equal to their face (nominal) value, neither at a premium nor at a discount, they are said to be issued at par.
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· 28 Oct 2026
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