Scan QR code or get instant email to install app
Question:
Which of the following factors least likely affects the spot price of an asset that entails no costs nor offers any benefits?
A
The price recently paid by other investors.
explanation
The price recently paid by other investors is past information. It has no impact on the spot price. The time value of money and the risk aversion of investors are reflected in the discount rate.
Take more free practice tests for other PASSEMALL topics with our cfa level 1 exam now!
Related Information
Comments