SIE - Securities Industry Essentials Exam
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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 $1800
A
Unrealized gain of $1200
B
Unrealized loss of $1800
C
Unrealized loss of $1200
D
Explanations
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.
Pricing
Basic
Part of the questions for each course
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- Course
- Questions
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- SIE
- 20 of 150
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- Series 6
- 30 of 500
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- Series 7
- 50 of 625