f an investor purchases a REIT for $36, receives cash distributions of $1 and redeems the shares after one year for $41, what is the percentage return on the investment

16.67%

Explanation:

total return = dividend return + price appreciation

dividend return = dividend / price of the share

$1 / $36 = 0.0278

price appreciation = ($41 / $36) - 1 = 0.1389

0.1389 +  0.0278 = 0.1667 = 16.67

2.78

answer; intensive use of a sales force and is relatively costly;

answer; it can vividly demonstrate product attributes and persuasively explain their corresponding consumer benefits;