Which of the statement is least likely to be true

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Problem 1: It is the arbitrary value established for legal purposes in the firm's articles of incorporation.

a. Intrinsic Value

b. Fair Value

c. Par Value

d. Market Value

Problem 2: Which of the following statement is least likely to be true?

a. Common stocks have higher rights than preferred stocks for company assets

b. Equity securities consist of preferred stock and common stock

c. In Equity securities, the party who bought stocks are called stockholders

d. Creditors have higher rights than stockholders for company assets

Reference no: EM132809374

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