Deborah owns 100 shares of common stock in the Macrofirm Corporation. She bought the stock at a price of $33 per share, and it is now selling at $46 per share. If she sold it now, what is the term for what she would realize?

Question

Quizplus · Accepted Answer

If Deborah sells her stock at the current price of $46 per share, she would make a profit of $13 per share ($46 selling price - $33 purchase price = $13). This profit is known as a capital gain.

Deborah Owns 100 Shares of Common Stock in the Macrofirm