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Author Question: Nico bought 100 shares of Cisco Systems stock for 30.00 per share on January 1, 2013. He received a ... (Read 42 times)

lbcchick

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  • Posts: 550
on: Jul 11, 2018
Nico bought 100 shares of Cisco Systems stock for 30.00 per share on January 1, 2013. He received a dividend of 2.00 per share at the end of 2013 and 3.00 per share at the end of 2014.
 
  At the end of 2015, 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

Question 2

All financial transactions have a buyer and a seller.
 
  Indicate whether the statement is true or false.


emilymalinowski12

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

B

Answer to Question 2

Answer: TRUE


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