Rico Bought 100 Shares of Banana Republic Stock for $24

Multiple Choice

Rico bought 100 shares of Banana Republic stock for $24.00 per share on January 1, 2010.He received a dividend of $2.00 per share at the end of 2010 and $3.00 per share at the end of 2011.At the end of 2012, Rico collected a dividend of $4.00 per share and sold his stock for $18.00 per share.What was Rico's realized holding period return?

A) -12.5%
B) 12.5%
C) -16.7%
D) 16.7%
E) none of the above