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An investor purchased $8,500 worth of shares in a REIT. These shares accounted for 60% of the investor's total portfolio. After one year, the value

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An investor purchased $8,500 worth of shares in a REIT. These shares accounted for 60% of the investor's total portfolio. After one year, the value of these shares is $9,000. The investor also received dividend payments worth $850 during this year. (a) What was the holding period return (HPR) for the REIT's shares during the year? (4 points) (b) If the investor had only one other asset during the year that had a HPR of 3.5%, what was the HPV for the investor's total portfolio during the year? (4 points)

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