Compute $\left( \begin{array} { l } 4 \\ 4 \end{array} \right)$

question 24

Multiple Choice

Compute $\left( \begin{array} { l } 4 \\ 4 \end{array} \right)$

• A) 16
• B) 1
• C) 6
• D) 4

---

Definitions:

Unrealized Gain

Profit that has been achieved on paper due to an increase in the value of an investment but has not yet been realized through a sale.

Trading Investment

A trading investment refers to securities bought and held primarily for selling them in the near term with the aim of profiting from short-term price fluctuations.

Realized Gain

A profit that results from selling an asset at a higher price than its purchase cost, officially recognized when the asset is sold.

Fair Value

The estimated price at which an asset could be bought or sold in a current transaction between willing parties, other than in a liquidation.