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A common stock's value is typically set at a low amount and has little meaning today other than being used to by some states to assess fees. (Enter only one word per blank.)

Question

A common stock's value is typically set at a low amount and has little meaning today other than being used to by some states to assess fees. (Enter only one word per blank.)

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Solution

Par

The sentence should read: "A common stock's par value is typically set at a low amount and has little meaning today other than being used by some states to assess fees."

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