When shares are sold at more than the par value, they are said to have been issued at

a

A premium

b

Normal value

c

A discount

d

A profit

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Explanation

Correct Option
b

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Discussions (4)

Tubdul07
6 years ago

myschool pls correct this. The correct answer is A. The question state that when shares are sold at more than per value i.e an amount above the nominal value. Pls recheck the question and correct the answer. The answer is A. at a premium.

daomigreat
4 months ago

The answer is A oo
We all know
When shares are sold above the par/nominal value it is said to be sold at a premium and when it is sold below the par/nominal value it is sais to be sold at a discount.

daomigreat
4 months ago

My school please change it oo 😡 😡 😡 😠

PrinceIgnatius C
10 years ago

very correct

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