SIE - Securities Industry Essentials Exam
An investor bought 1000 shares of ABC stock at $45 per share. 6 months later he sold 400 shares at $48. What is the unrealized gain / loss with the stock price at $48 per share?
Unrealized gain of $1800A
Unrealized gain of $1200B
Unrealized loss of $1800C
Unrealized loss of $1200D
The question asks for the unrealized gain or loss - that is the amount that has not been realized or closed as of yet. This unrealized gain is 600 shares at a gain of $3 each = $1800 unrealized gain.