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The shares in an equity REIT are selling for a discount of 1 8 % . If an investor invests directly in the underlying assets,

The shares in an equity REIT are selling for a discount of 18%. If an investor invests directly in the underlying assets, he would earn 16.06%. By investing the same funds in the REIT and ignoring taxes, fees, commissions, etc., what is the investor's return?
Round the answer to two decimals in percentage form.
Please write % sign in the units box.
Answer: 19.59%

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