16) IGM Realty had stock prices of $33, $33, $38, $36, and $28 at the end of the last five quarters. If IGMpays a dividend of $1 at the end of each quarter, what is the annual realized return on IGM?A) -5.62%B) -4.49%C) -4.72%D) -4.94%

Quarterly return = Here,P1 = Price at the end of the quarterP0 = Price at the beginning of the…

Answered: 16) IGM Realty had stock prices of $33,…

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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M Company's last dividend was $1.25 (D0). The dividend growth rate is expected to be constant at 15.0% for 2 years, after which dividends are expected to grow at a rate of 6% forever. If the firm's required return (rs) is 11%, what is its D3 (Dividend at the end of year 3) ? 1.75 2.02 2.12 2.32
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16) IGM Realty had stock prices of $33, $33, $38, $36, and $28 at the end of the last five quarters. If IGM pays a dividend of $1 at the end of each quarter, what is the annual realized return on IGM? A) -5.62% B) -4.49% C) -4.72% D) -4.94%