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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