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Wednesday, 01/21/2015 12:41:38 PM

Wednesday, January 21, 2015 12:41:38 PM

Post# of 33394
Wikipedia:

Par value stock has no relation to market value and, as a concept, is somewhat archaic


From:
http://smallbusiness.chron.com/par-value-common-stock-58170.html

The actual common stock value and the par value of common stock inherently and fundamentally differ. The actual value of common stock is based on the market value of the business, whatever that market is. “Par value” is simply a legal term.

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