Rico bought 100 shares of Banana Republic stock for $24.00 per share on January 1, 2010.He received a dividend of $2.00 per share at the end of 2010 and $3.00 per share at the end of 2011.At the end of 2012, Rico collected a dividend of $4.00 per share and sold his stock for $18.00 per share.What was Rico's realized holding period return?
A)-15.5%
B)15.5%
C)-16.7%
D)16.7%
E)none of the above

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The Answer of Rico bought 100 shares of Banana Republic stock for $24.00 per share on January 1, 2010.He received a dividend of $2.00 per share at the end of 2010 and $3.00 per share at the end of 2011.At the end of 2012, Rico collected a dividend of $4.00 per share and sold his stock for $18.00 per share.What was Rico's realized holding period return?
A)-15.5%
B)15.5%
C)-16.7%
D)16.7%
E)none of the above

Rico Bought 100 Shares of Banana Republic Stock for $24