IGM Realty had stock prices of $33, $33, $38, $36, and $28 at the end...

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Accounting

IGM Realty had stock prices of $33, $33, $38, $36, and $28 at the end of the last five quarters respectively. If IGM pays a dividend of $1.1 at the end of each quarter, what is the annual realized return on IGM?

Quarter

Price

Dividend

0

$33

$1.1

1

$33

$1.1

2

$38

$1.1

3

$36

$1.1

4

$28

$1.1

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