The cash proceeds from issuing par value stock may be equal to or greater than but not less than par value.

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Onita Skinner · Accepted Answer

Final Answer : True, Explanation :  This is because par value represents the minimum amount for which shares can be issued, and if the cash proceeds are less than par value, it would mean the company is selling its shares for less than their minimum assigned value.

The cash proceeds from issuing par value stock may be equal to or greater than but not less than par value.

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