Which of the following is a FALSE statement?
A)Paper losses are capital losses that people accept as losses before they actually sell and realize them.
B)A day trader is someone who buys and sells based on intraday price movements.
C)Mark to market refers to carrying securities at the current market value regardless of whether they are sold or not.
D)The total return including the paper gains and losses over the relevant investment horizon reflects the economic value of past investment decisions.

Question

Quizplus · Accepted Answer

Paper losses are unrealized losses on securities that have not yet been sold. They are not accepted as losses until the securities are actually sold and the losses are realized.

Which of the Following Is a FALSE Statement