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26 April, 16:47

The par value on a preferred stock entitles the holder to none of these options are true. an established amount of money if the company is liquidated. priority on all cumulative dividends. a minimum amount of convertible common stock.

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  1. 26 April, 17:07
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    The par value on a preferred stock entitles the holder to " an established amount of money if the company is liquidated".

    Other terms that are used for Par value are nominal value or face value. par value is considered as important for a bond because of its ability to determine the maturity value of bond and also the dollar value of payments of coupon. For a bond, typically the par value is $1,000 or $100.
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