Securities are generally issued in denominations of 5, 10 or 100. This is known as the Face Value or Par Value of the security. When a security is sold above its face value, it is said to be issued at a Premium.
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Securities are generally issued in denominations of 5, 10 or 100. This is known as the Face Value or Par Value of the security. When a security is sold above its face value, it is said to be issued at a Premium.
Fincrux by Venkatesh Vedhakumar
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