An ordinary share of ₦100 was issued at ₦80. The share was issued at

An ordinary share of ₦100 was issued at ₦80. The share was issued at

A

premium

B

par

C

discount

Dloss

Answer is C

Share Issued at Discount is a stock issued at a price below its face value. For example, a share with par of $100 might be issued to an investor for $70. Shares issued at discount are rare because stocks almost never have face values anymore.

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