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Question
A share is said to be at premium, if market value is ______ than its face value.
Options
More
Less
Same
Equal
MCQ
Fill in the Blanks
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Solution
A share is said to be at premium, if market value is more than its face value.
Explanation:
A share is said to be at a premium when its market value is greater than its face/nominal value; if equal, it is at par and if less, it is at a discount.
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