What is nicos realized total rate of return

Reference no: EM131371235

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?

Reference no: EM131371235

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