Final answer:
Special value reflects a subjective relationship between an investor and a given investment, based on their preferences, goals, and risk tolerance.
Step-by-step explanation:
The type of value that reflects a subjective relationship between a particular investor and a given investment is special value.Special value is subjective and depends on the individual investor's preferences, goals, and risk tolerance. It refers to how much the investor values a specific investment based on their unique circumstances.For example, an investor may find a particular investment valuable because it aligns with their personal values or because they have prior knowledge or expertise in that industry.