Question: This is a two part question so I'll have a follow up question after this and then I'll give you the thumbs up. Compute the

This is a two part question so I'll have a follow up question after this and then I'll give you the thumbs up.

Compute the total and annual returns on the following investment. You pay $6200 for a municipal bond. When it matures after 15 years, you receive $11, 800. The total return is (Do not round until the final answer. Then round to one decimal place as needed.)

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