If the Market Value of a share is greater than the Nominal Value, the share is said to be at _______.
A
discount
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B
premium
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C
par
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D
cash value
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Solution
The correct option is B
premium
Price of a share in the market, at any time, is called its cash value or market value. If the Market Value of a share is greater than the Nominal Value, the share is said to be at premium.