Nico Bought 100 Shares of Cisco Systems Stock for $24

question 27

Multiple Choice

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?

• A) -12.5%
• B) +12.5%
• C) -16.7%
• D) +16.7%

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Definitions:

Price Controls

Government-imposed limits on the prices that can be charged for goods and services in a market.

Skyrocketing Inflation

A situation where there is an extremely rapid and uncontrolled increase in the prices of goods and services in an economy.

Major Unions

Major Unions refers to large and influential labor unions that represent significant numbers of workers across various sectors, advocating for workers' rights, fair wages, and safe working conditions.

African-American Vote

The participation of African-American citizens in the electoral process, which was significantly impacted by the Voting Rights Act of 1965, removing barriers to voting.