2023-10-24 10:21:56 -07:00
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\section{Introduction}
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2023-10-24 17:15:47 -07:00
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\definition{}
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An \textit{asset} is any resource that has economic value.\par
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Examples: gold, oil, grain, cash, real estate, treasury bonds, etc
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\definition{}
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A \textit{stock} is a particular type of asset.
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A share of stock represents \say{partial ownership} of a corporation.
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Like many assets, stocks are \textit{intangible}---they only exist on paper.
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\problem{}
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Let $\mathbb{X}$ be a stock, currently priced at $19\Rub$. \par
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Bogdan buys 10 shares of $\mathbb{X}$, and sells them after a month for $23\Rub$ per share. \par
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What was his net profit?
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2023-10-24 10:21:56 -07:00
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\vfill
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\pagebreak
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