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A share is said to be at ______, if its market value is the same as its face value. - Mathematics

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Question

A share is said to be at ______, if its market value is the same as its face value.

Options

  • Premium

  • Discount

  • Par

  • Nominal value

MCQ
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Solution

A share is said to be at Par, if its market value is the same as its face value.

Explanation:

A share is said to be “at par” when its market value equals its face (nominal) value. If market value > face value it’s at a premium; if < face value it’s at a discount.

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Chapter 3: Shares and Dividends - EXERCISE 3 [Page 32]

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R.S. Aggarwal Mathematics [English] Class 10 ICSE
Chapter 3 Shares and Dividends
EXERCISE 3 | Q 6. | Page 32
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