Question

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
• B. Par
• C. Discount
• D. None of these

Answer 1

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.