what is nominal value of share?

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Solution

Hi Swarnima

Nominal value of shares is another name for face value of shares.

Face value of shares is the original cost of the share.It is called the face value as it is written on the face of a share certificate.When a company issue a share certificate then the value of the share is written on this certificate it is called the face value of the share.It can be the par value of the share which does not consist any premium or discount.

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