A company can re-issue its forfeited shares at a:

premium
face value
a discount
all of the above

The correct answer is D. all of the above.

A company can re-issue its forfeited shares at a premium, face value, or a discount.

A premium is a price that is higher than the face value of a share. A face value is the value that is printed on the face of a share. A discount is a price that is lower than the face value of a share.

A company may choose to re-issue its forfeited shares at a premium, face value, or a discount depending on a number of factors, such as the current market conditions and the company’s financial situation.

For example, if the

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market conditions are favorable, the company may choose to re-issue its forfeited shares at a premium. This will allow the company to raise more money than it would if it re-issued the shares at face value or a discount.

If the company’s financial situation is not good, the company may choose to re-issue its forfeited shares at a discount. This will allow the company to raise some money, even though the shares will be sold at a lower price than their face value.

Ultimately, the decision of whether to re-issue forfeited shares at a premium, face value, or a discount is up to the company’s board of directors.