e stock is no-par stock that is assigned a “stated” value per share. True or False?

College Accounting, Chapters 1-27
23rd Edition
ISBN:9781337794756
Author:HEINTZ, James A.
Publisher:HEINTZ, James A.
Chapter20: Corporations: Organization And Capital Stock
Section: Chapter Questions
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Stated value stock is no-par stock that is assigned a “stated” value per share.

True or False? 

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