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Redemption Price - The redemption price of an issued stock, preferred stock or, bond known as the redemption value. This means that when you first divested and, purchased a preferred stock, well informed at the time of purchase what the specified price was. The set price of the stock for sale that is non-negotiable. This is the destination point when an open-end investment company will try to offer to buy back the stock. The owner had control of the issued stock on or, before maturity. The price the issuer must pay, if they wish to redeem these stocks or, retire the shares. |
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