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As you know, stocks and bonds are "pieces" of paper called "financial" asset as opposed to...

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Finance

As you know, stocks and bonds are "pieces" of paper called"financial" asset as opposed to "real" asset such as a piece ofland or a building or a car. What gives these "pieces" of papertheir value? For example, Google shares cost $1,193 per sharecurrently. Why do investors pay such a high price for the piece ofpaper sold by Google?

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We all know that stocks and bond are financial assets and unlike real assets like land or building financial assets are just a sheet of paper or maybe just a computer entry But these financial assets like bonds or stocks issued by a company gives the    See Answer
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