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PDF Editor FAQ

Why, in certain countries like France, is it so expensive to buy a beer at the pub in comparison to the price in a supermarket?

Last night, my girlfriend ordered a PBR 12oz bottle for $3. A 12 pack at the gas station is $6.99. This is a 510% markup.You are paying for a couple other things here.First, the bars, if they are anything like the US, are paying a premium for their alcohol from licensed vendors. Bottles of alcohol are marked by the ABC for approved use in a bar, and being caught with cheaper grocery or warehouse store bottles comes with a stiff fine. They also have to pay for rent, licensing, utilities, amenities, payroll, etcetera.All these costs are recouped through drink prices which we justify as the cost of the convenience, atmosphere, and whatever other reasons we may have for not just buying our own bottle and drinking of premises.

What is the value of the remaining sides of a triangle if perimeter is 1020 m, area is 3570 square meter and on side is 20 m?

Let a , b and c are the sides of a triangle ABC. such that:-a+b+c=1020 m. , area(A)=3570 m^2. and. a=20 m. , b=? , c=?20+b+c=1020. or. b+c= 1000 m……………(1)s=(a+b+c)/2= 1020/2s= 510 mArea of the triangle ABC=√{s.(s-a).(s-b).(s-c)}.3570=√{510.(510–20)(510-b)(510-c)}Squaring both side3570×3570=510×490(510-b)(510-c)(357×357)/(51×49)=(510-b)(510-c). Putting. b=1000-c. from eqn. (1)(7×51×7×51)/(51×7×7)=(510–1000+c).(510-c)51=(c-490)(510-c)51=510c-c^2-490×510+490cc^2-1000c+51+249900=0c^2-1000c +249951=0c^2-507c-493c+249951=0c(c-507)-493(c-507)=0(c-507)(c-493)=0c= 507 m. or. 493 mBut. b=1000-cb=1000–507=493. or. b=1000–493=507 m.2nd side = 493 m or. 507 m.3rd side =507m. or. 493 m. Answer.

What are options?

Options are financial contracts that gives you…’options’. More specifically, it gives the buyer of the contract an ‘option’ to buy or sell a stock at a given price on a given date regardless of the actual market price of that stock. On the other side, the seller or the writer of an option contract has the ‘obligation’ to the opposite i.e buy or sell the stock at a given date and price regardless of the actual market price. The option seller takes this obligation in return for a premium which the option buyer pays.There are two kinds of option contracts:1. Call Options: It is a contract which gives the buyer an option to ‘buy’ a stock at a given price and date. The seller, on the other hand, is obligated to ‘sell’ the same stock at the agreed price and date. The buyer will have to pay a premium to the seller as a price for the option.2. Put Options: It is a contract which gives the buyer an option to ‘sell a stock at a given price and date. The seller, on the other hand, is obligated to ‘buy’ the same stock at the agreed price and date. The buyer will have to pay a premium to the seller as a price for the option.For example:Let us say a stock ABC is trading at 500 on 1st of January. Mr. A wants to be able to buy 100 shares of that stock after a month for 510 or below because he believes the actual market price will be higher at that time (he is bullish). So, he buys a ‘Call’ option from Mr. B for 100 shares of the stock at strike price 510 and expiry on 1st February.Mr B believes the stock price will not go higher than 510 at the end of the contract (he is bearish or neutral) and so he agrees to sell the contract and will charge a premium for that option contract from A.Now, on 1st of February, regardless of the actual market price of the stock, B must sell 100 shares of ABC to B at 510. If the price on contract expiry day is say 515, B will have to incur a loss as he is obligated to sell at 510 (the loss will be offset to some extent by the premium he charged). A will make a profit of 5 less the premium paid.If the stock price on expiry is 510 or less, A will have to incur loss to the extend of premium paid as the market price is lower than or equal to the contract price, so it makes not sense in executing the contract.The buyer of the option is protected against any up move above 510 to unlimited extent (unlimited profit). His maximum risk is the premium paid for the contract. The seller has unlimited risk if the stock moves above the contract price and his profit is limited to the premium charged for the contract.(This is not to say that the buyer is always at an advantage over the seller. In fact it is almost always the other way round, which is a big topic of discussion on its own)

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