Compute the total and annual returns on the described investment. Five years after buying 50 shares...

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Compute the total and annual returns on the described investment. Five years after buying 50 shares of XYZ stock for $80 per share, you sell the stock for $5800. The total return is %. (Do not round until the final answer. Then round to one decimal place as needed.) Compute the total and annual returns on the described investment. Five years after buying 50 shares of XYZ stock for $80 per share, you sell the stock for $5800. The total return is %. (Do not round until the final answer. Then round to one decimal place as needed.)

Answer rating: 100% (QA)

Solution Calculating the tota... View the full answer