That sounds about right. It's within the right range at least.

So really the stock has no value.

Because we know that the book value per share is 5.

Our price is considerably higher than the current market price.

Price

So this rationale of pay more to rent the money for a house than to rent the house is justified if housing prices go up.

I hope you didn't pay too much.

Then auctions like eBay are another example of dynamic pricing.

I have a fair opinion of myself.

But I can't give you any exact figures.

Tristam I do not trouble my soul to

Now remember the only thing we're varying here is the price.

Expectations... Expectations... of future prices. So let's say...

Par value

Redemption

Present value

Present values

Future value

Dr. Price?

Wenneck, Price, Garner.

Good idea, kid, the grownups will take it from here.

Everything you said in your mail is just right except the price.

They want to encourage high volume purchases, and so they have stepped pricing that is oriented to create volume.

Alright?

But are there times when armed struggles are justified?

Things that I still can't justify.

It's not about low cost.

I could actually price on specific customer segments or on features I know they need.

When everything else is equal and you're only changing price, you're not changing demand.

And so the first of these that I will focus on the first is the price of competing products.

For any given price, it's going to lower the quantity demanded.

See...notice I get my axes confused

Let's say a guy invents a better light bulb.

The price of admission.

The prices of commodities varied every week then.

How could you have prices that kind of move?

It turns out we made this pretty easy.

The end justifies the means.

Tristam I do not trouble my spirit... woman

I don't think it'll be morally justifiable but I'm wondering.

Nothing justifies what went on in this room.

And we see that the last trade here was for 2.58.

let's say that they are traded in some market.

But there are two types of prices.

It is traded.