Nico bought 100 shares of cisco systems stock for $30.00 per share on january 1, 2018. he received a dividend of $2.00 per share at the end of 2018 and $3.00 per share at the end of 2019. at the end of 2020, 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?

40%

Explanation:

The computation of the Nico's realized holding period return is shown below:

= (End year price - beginning year price + dividend per share at the end of 2018 + dividend per share at the end of 2019 + dividend per share at the end of 2020) ÷ (beginning year price)

= ($33 per share - $30 per share + $2 per share + $3 per share + $4 per share) ÷ ($30 per share)

= ($12 per share) ÷ ($30 per share)

= 40%

Answer below

Explanation:

Income

Monthly income $60 ( the $15 per week * 4 the number of weeks in a month ).

Grandparents $30

Total income $90

Essential expenses ( fixed )

Bicycle tune up $20

Essential expenses ( variable )

New bike tire $5

Non-essential expenses

Game $50

Total expenses $75

Total savings $15

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