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Problem 16-05 You purchased 150 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 150 shares in a real estate investment trust for $20 a share. The trust paid the following annual dividends: Year Dividend 1 $ 1.20 2 1.50 3 2.20 4 2.50 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 $40? Round your answer to the nearest whole number. % Problem 16-05 You purchased 150 shares in a real estate investment trust for $20 a share. The trust paid the following annual dividends: Year Dividend 1 $ 1.20 2 1.50 3 2.20 4 2.50 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 $40? Round your answer to the nearest whole number. %
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