In: Finance
Nico bought 100 shares of Cisco Systems stock for $30.00 per share on January 1, 2013. He received a dividend of $2.00 per share at the end of 2013 and $3.00 per share at the end of 2014. At the end of 2015, Nico collected a dividend of $4.00 per share and sold his stock for $33.00 per share. What was Nico's realized holding period return?
-36.36% |
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+36.36% |
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-40% |
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+40% |
realized holding period return=(end price-beginning price+_dividends)/beginning price
=(33-30+(2+3+4))/30
=40%(D).