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QUESTION
Nico bought 100 shares of Cisco Systems stock for $24.00 per share on January 1, 2007. He received a dividend of $2.00 per share at the end of 2007...
Nico bought 100 shares of Cisco Systems stock for $24.00 per share on January 1, 2007. He received a dividend of $2.00 per share at the end of 2007 and $3.00 per share at the end of 2008. At the end of 2009, Nico collected a dividend of $4.00 per share and sold his stock for $18.00 per share. What was Nico's realized holding period return?
