Question
Compute the total and annual return on the following investment. TWO years after paying $ 3200 for shares in a startupcompany, you sell the shares
Compute the total and annual return on the following investment. TWO years after paying $3200 for shares in a startupcompany, you sell the shares for $1600 (at aloss).
THE TOTAL RETURN IS _____%
(Do not round until the final answer. Then round to the nearest tenth asneeded.)
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Business Statistics For Contemporary Decision Making
Authors: Black Ken
8th Edition
978-1118494769, 1118800842, 1118494768, 9781118800843, 978-1118749647
