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Compute the total and annual return on the following investment. Three years after paying $2300 for shares in a startup company, you sell the shares
Compute the total and annual return on the following investment. Three years after paying $2300 for shares in a startup company, you sell the shares for $1100 (at a loss). The total return is _%?. (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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