Question: solve for the second, annual return Compute the total and annual returns on the described investment. Five years after buying 200 shares of XYZ stock
Compute the total and annual returns on the described investment. Five years after buying 200 shares of XYZ stock for $50 per share, you sell the stock for $15,600. The total return is 56 %. (Do not round until the final answer. Then round to one decimal place as needed.) The annual return is % (Do not round until the final answer. Then round to one decimal place as needed.) Enter your answer in the answer box and then click Check Answer. our answer in the are All parts showing
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