Annet Score 3000 Problem 7-31 Save Submit Assignment for Grading Question 10 of 1 Check My Work eBook Problem 7-31 Use a financial calculator or a program such as Excel to answer the questions, Round your answers to the nearest whole number a. You purchase a stock for $11,000 and collect $600 at the end of each year in dividends. You sell the stock for $12,400 after five years. What was the annual return on your $11,000 investment? b. You purchase a building for $920,000, collect annual rent (after expenses) of $130,000, and sell the building for $1,000,000 after six years. What is the annual return on this investment? c. You buy a stock for $1,000 and expect to sell it for $900 after five years but also expect to collect dividends of $150 a year. Calculate the return on this Investment and prove that it is less than 13 percent. Check My Work low Rey Problem 7-31 Save Submit Question 10 of 10 ent for Grading m