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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Essentials Of Accounting
Authors: Leslie Breitner, Robert Anthony
11th Edition
0132744376, 978-0132744379
