单选题 Are the following statements about the par value of a firm's common stock true or false? Statement 1: Par value is a nominal dollar value assigned to shares of stock in a corporation' s charter. Statement 2: The par value of common stock represents the amount the corporation received when the stock was issued. Statement 1 Statement 2 ①A. True True ②B. False False ③C. True False

A、

A. ①
B、

B. ②
C、

C.③

【正确答案】 C

【答案解析】The par value of common stock is the stated or nominal value assigned to the stock. Par value has no relationship to market value. The amount the corporation receives from the issuance of common stock is equal to the par value plus the additional paid-in-capital( proceeds in excess of par).