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1. (Related to Checkpoint 7.1) (Calculating rates of return) On December 26, 2007, the common stock of Google inc. (GOOG) was trading for $710.84. One

1. (Related to Checkpoint 7.1) (Calculating rates of return) On December 26, 2007, the common stock of Google inc. (GOOG) was trading for $710.84. One year later the shares sold for only $300.36.Google has never paid a common stock dividend. What rate of refurn would you have earned on your investment had you purchased the shares on December 2007

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