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3 Cards in this Set
- Front
- Back
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FloorPrice
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Aprice floor is the price set per share for stock sold and purchased by thecompany.
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Shareand Stock
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Thestock of a business is divided into multiple shares, the total of which must bestated at the time of business formation but can be adjusted following givenguidelines. Shares representa fraction of ownership in a business. A business may declare different types(classes) of shares, each having distinctive ownership rules, privileges, orshare values.
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