Saturday, August 22, 2015 8:09:41 PM
Take and look at a store coupon. On the face of the coupon it says:
$0.50 Off for Product X.....
Then if you flip the coupon over and read the fine print it will say something like: 'This coupon has a cash value of $0.0001"
In terms of stock think of the $0.50 being the value of the stock (what the market feels it is worth).
The $0.0001 is the par value.
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