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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
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 | $ | 0.90 | |
2 | 1.10 | ||
3 | 1.50 | ||
4 | 0.80 |
A. What was your annualized return on the investment if you sell the stock for $20? Round your answer to the nearest whole number. _____%
B. What was your annualized return on the investment if you sell the stock for $29? Round your answer to the nearest whole number._____%
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