Nico bought 100 shares of Cisco Systems stock for $24.00 per share on January 1, 2002. He

Question:

Nico bought 100 shares of Cisco Systems stock for $24.00 per share on January 1, 2002. He received a 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 of $4.00 per share and sold his stock for $18.00 per share. What was Nicoʹs realized holding period return?
Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...