Select the proper option for the options given below and rewrite the sentences : If a share of ₹100 is issued at ₹100, it is said to issued at ________.
A
Premium
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
Par
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
C
Discount
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
None of these
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution
The correct option is B Par At par can define whether security, such as a bond, was issued at its face value or if the issuing company received less or more than the face value for the security. When a company issues new security, if it receives the face value of the security, then the issuance is said to be issued at par.