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Compute the total and annual returns on the described investment. Five years after buying 150 shares of XYZ stock for $60 per share, you sell
Compute the total and annual returns on the described investment.
Five
years after buying
150
shares of XYZ stock for
$60
per share, you sell the stock for $12,700.
Question content area bottom
Part 1
The total return is
41.11%.
(Do not round until the final answer. Then round to one decimal place as needed.)
Part 2
The annual return is
enter your response here%.
(Do not round until the final answer. Then round to one decimal place as needed.)
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