3 Assume that at the beginning of the year, you purchase an investment for $5,450 that...

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3 Assume that at the beginning of the year, you purchase an investment for $5,450 that pays $76 annual income. Also assume that the investment's value has decreased to $5,250 at the end of the year. a. What is the rate of return for this investment? b. Is the rate of return a positive or a negative number? Complete this question by entering your answers in the tabs below. Required 1 Required 2 What is the rate of return for this investment? Note: Enter your answer as a percent rounded to 2 decimal places. Input the amount as a positive value. Rate of return % < Required 1 Required 2 > 3 Assume that at the beginning of the year, you purchase an investment for $5,450 that pays $76 annual income. Also assume that the investment's value has decreased to $5,250 at the end of the year. a. What is the rate of return for this investment? b. Is the rate of return a positive or a negative number? Complete this question by entering your answers in the tabs below. Required 1 Required 2 What is the rate of return for this investment? Note: Enter your answer as a percent rounded to 2 decimal places. Input the amount as a positive value. Rate of return % < Required 1 Required 2 >

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The rate of return on an investment is calculated as the profit or loss made on the investment usual... View the full answer