Suppose you discover a treasure chest of $10 billion in cash.(Appendix) a. Is this a real or

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Suppose you discover a treasure chest of $10 billion in cash.(Appendix)

a. Is this a real or financial asset?

b. Is society any richer for the discovery?

c. Are you wealthier?

d. Can you reconcile your answers to (

b) and ( c)? Is anyone worse off as a result of the discovery?

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Investments

ISBN: 9780077261450

8th Edition

Authors: Zvi Bodie, Alex Kane, Alan J. Marcus

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