Which of the following factors does not affect the initial market price of a share?
A) the company's anticipated future net income
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 the share, often referred to as the par value, is a nominal value assigned to the share and does not affect its market price. The market price is influenced by factors like anticipated future net income, economic conditions, and expected dividends.

Which of the Following Factors Does Not Affect the Initial