When a share valued at 50k is issued at #1.59, it is said...
When a share valued at 50k is issued at #1.59, it is said to be issued at
Par
Premium
Discount
Interest
Correct answer is B
Issue of shares at premium means that the issuing of shares above the face value (also called as nominal value or par value). Simply put, when shares are issued at a price higher than the face value, it is said to be issued at a premium.
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