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:

Head of Household

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