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The face value of a share: - Mathematics

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Question

The face value of a share:

Options

  • Changes every year

  • Changes from time to time

  • Always remains the same

  • None of these

MCQ
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Solution

Always remains the same

Explanation:

The face (nominal) value is the printed/registered value assigned to a share at issue; it is fixed and does not change with market price fluctuations. Market value may vary, but the face value remains the same.

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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 9. | Page 32
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