At the end of 2004 nico collected a dividend of 4.00 per, Ask an Expert

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Nico bought 100 shares of Cisco Systems stock for $24.00 per share on January 1, 2002. He received a dividend of $2.00 per share at the end of 2002 and $3.00 per share at the end of 2003. At the end of 2004, Nico collected a dividend of $4.00 per share and sold his stock for $18.00 per share. What was Nico's realized holding period return? What was Nico's compound annual rate of return?

A) -12.5%; -4.4%

B) +12.5%; +4.4%

C) -16.7%; -4.4%

D) +16.7%; +4.4%

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Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M951512

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