Nico Bought 100 Shares of Cisco Systems Stock for $30

question 146

Multiple Choice

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?

• A) -40%
• B) +40%
• C) -36.36%
• D) +36.36%

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Definitions:

Subclass Type

Subclass type refers to the classification of a subclass which is derived from a superclass inheriting its properties and methods, potentially with additional features or modifications.

Superclass

In object-oriented programming, a class from which other classes, known as subclasses, inherit fields and methods.

Dynamic Binding

A mechanism in object-oriented programming where the code to execute is determined at runtime based on the object type rather than at compile time.

Compile Time

The phase in which a program's source code is converted into executable code by a compiler, before the program is run.