English

The value of a share printed on the share certificate is called its: - Mathematics

Advertisements
Advertisements

Question

The value of a share printed on the share certificate is called its:

Options

  • Nominal value

  • Market value

  • Discount

  • Below par

MCQ
Advertisements

Solution

Nominal value

Explanation:

The amount shown on the share certificate is the share’s nominal (face or printed) value, the original/fixed value of the share. Market value is the trading price (which fluctuates); if market value is below nominal it’s called discount or below par.

shaalaa.com
  Is there an error in this question or solution?
Chapter 3: Shares and Dividends - EXERCISE 3 [Page 32]

APPEARS IN

R.S. Aggarwal Mathematics [English] Class 10 ICSE
Chapter 3 Shares and Dividends
EXERCISE 3 | Q 4. | Page 32
Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×