Author Question: Nico bought 500 shares of a stock for 24.00 per share on January 1, 2013. He received a dividend of ... (Read 89 times)

faduma · **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