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Compute the total and annual return on the following investment. Five years after paying $2400 for shares in a startup company, you sell the shares
Compute the total and annual return on the following investment. Five years after paying $2400 for shares in a startup company, you sell the shares for $1300 (at a loss). The total return is 1 % (Do not round until the final answer. Then round to the nearest tenth as needed.) The annual return is % (Do not round until the final answer. Then round to the nearest tenth as needed.)
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