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Mark finds that his new digital camera is easy to handle, as he did not have to read the instruction manual to determine how to turn the camera on, snap a digital picture, and export the picture to his computer. The signs (symbols) on the camera body make it very clear what he was to do to achieve digital photography success. Which of the following characteristics of Mark's "new product" makes it easy for him to begin his digital experience?
Unrealized Gain
Profit that has been achieved on paper due to an increase in the value of an investment but has not yet been realized through a sale.
Trading Investment
A trading investment refers to securities bought and held primarily for selling them in the near term with the aim of profiting from short-term price fluctuations.
Realized Gain
A profit that results from selling an asset at a higher price than its purchase cost, officially recognized when the asset is sold.
Fair Value
The estimated price at which an asset could be bought or sold in a current transaction between willing parties, other than in a liquidation.
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