Economically rational buyers and sellers use their assessment of an asset's risk and return to determine its value. Relative to this concept, which of the following is true?
A) To a seller the asset's value represents the maximum sale price.
B) To a buyer the asset's value represents the minimum price that he or she would pay to acquire it.
C) The interaction of buyers and sellers can result in a value that differs from the stock's true value.
D) To a buyer the asset's value represents the maximum price that he or she would pay to acquire it.
Correct Answer:
Verified
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