Nico bought 100 shares of Cisco Systems stock for R24.00 per share on January 1, 20019. He received a dividend of R2.00 per share at the end of 2020 and R3.00 per share at the end of 2021. At the end of 2021, Nico collected a dividend of R4.00 per share and sold his stock for R18.00 per share. What was Nico's realized holding period return? A. -12.5% B. +12.5% C. -16.7% D. +16.7%
Nico bought 100 shares of Cisco Systems stock for R24.00 per share on January 1, 20019. He received a dividend of R2.00 per share at the end of 2020 and R3.00 per share at the end of 2021. At the end of 2021, Nico collected a dividend of R4.00 per share and sold his stock for R18.00 per share. What was Nico's realized holding period return? A. -12.5% B. +12.5% C. -16.7% D. +16.7%
Chapter5: The Cost Of Money (interest Rates)
Section: Chapter Questions
Problem 3PROB
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Nico bought 100 shares of Cisco Systems stock for R24.00 per share on January 1, 20019. He received a dividend of R2.00 per share at the end of 2020 and R3.00 per share at the end of 2021. At the end of 2021, Nico collected a dividend of R4.00 per share and sold his stock for R18.00 per share. What was Nico's realized holding period return?
A. -12.5%
B. +12.5%
C. -16.7%
D. +16.7%
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Publisher:
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