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Nico Bought 100 Shares of Cisco Systems Stock for $30

Question 3

Multiple Choice

Nico bought 100 shares of Cisco Systems stock for $30.00 per share on January 1,2018.He received a dividend of $2.00 per share at the end of 2018 and $3.00 per share at the end of 2019.At the end of 2020,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%

Correct Answer:

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