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.

Leave a Reply

MEET OVER 2000 NOUN STUDENTS HERE. 

Join us for latest NOUN UPDATES and Free TMA answers posted by students on our Telegram. 

OUR ONLINE TUTORIAL CLASS IS NOW ON!!! JOIN US NOW. 
JOIN NOW!
close-link