Business, 23.11.2019 00:31, Richelleypinelley

Nico bought 500 shares of a stock for $24.00 per share on january 1, 2013. he received a dividend of $2.50 per share at the end of 2013 and $4.00 per share at the end of 2014. at the end of 2015, nico collected a dividend of $3.00 per share and sold his stock for $20.00 per share. what is nico's realized total rate of return?
a) -12.5%
b) 12.5%
c) -20.7%
d) 20.7%
how to calculate that?

Answers: 2

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Nico bought 500 shares of a stock for $24.00 per share on january 1, 2013. he received a dividend of...