Problem 16-05

You purchased 100 shares in a real estate investment trust for $20 a share. The trust paid the following annual dividends:

Year	Dividend
1	$	1.00
2		1.50
3		1.30
4		1.20

1. What was your annualized return on the investment if you sell the stock for $20? Round your answer to the nearest whole number.
2. What was your annualized return on the investment if you sell the stock for $30? Round your answer to the nearest whole number