(Calculating rates of return) On December 10, 2007, the common stock of Google Inc. (GOOG) was trading for $718.42. One year later the shares sold for only $308.82. Google has never paid a common stock dividend. What rate of return would you have earned on your investment had you purchased the shares on December 10, 2007?

The rate of return you would have earned is enter your response here __%. (Round to two decimal places.)