Nico bought 100 shares of a company's stock for $22.00 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 $18.00 per share.What was Nico's realized holding period return? What was Nico's compound annual rate of return? (Hint: calculate an IRR).Explain the difference.

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The Answer of Nico bought 100 shares of a company's stock for $22.00 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 $18.00 per share.What was Nico's realized holding period return? What was Nico's compound annual rate of return? (Hint: calculate an IRR).Explain the difference.

Nico Bought 100 Shares of a Company's Stock for $22