Which of the following factors does not affect the initial market price of a share?
A)The company's anticipated future profit
B)The legal value of the share
C)The current state of the economy
D)The expected dividend rate per share

Question

Quizplus · Accepted Answer

The legal value of a share is predetermined by the company and its lawyers, and does not change based on market factors. The initial market price is affected by anticipated future profits, the current state of the economy, and expected dividend rates per share.

Which of the Following Factors Does Not Affect the Initial