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Nico bought 500 shares of a stock for $24.00 per share on January1, 2013. He received a dividend of $2.5 per share at the end
Nico bought 500 shares of a stock for $24.00 per share on January1, 2013. He received a dividend of $2.5 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.20.75
C.12.5%
D.-20.7%
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