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Author Question: Nico bought 500 shares of a stock for 24.00 per share on January 1, 2013. He received a dividend of ... (Read 68 times)

faduma

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on: Jul 11, 2018
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

Question 2

Bonds which sell at less than face value are priced at a ________, while bonds which sell at greater than face value sell at a ________.
 
  A) par; premium
  B) discount; par
  C) discount; premium
  D) coupon; premium


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shaquita

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Reply #1 on: Jul 11, 2018
Answer to Question 1

B

Answer to Question 2

C


faduma

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Reply 2 on: Jul 11, 2018
YES! Correct, THANKS for helping me on my review

Hdosisshsbshs

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Reply 3 on: Yesterday
Excellent

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