Chartered Financial Analyst Level 1

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Which of the following best describes the intrinsic value of a security? The intrinsic value of a security is:

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Last updated: December 6, 2025 at 10:11

A

the price at which the security can be bought or sold.

B

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represented by the intersection of supply and demand for the security.

C

the value placed by investors based on a complete understanding of the security's investment characteristics.

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