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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%

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%

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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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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