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Compute the total and annual returns on the described investment. Four years after buying 50 shares of XYZ stock for $60 per share, you sol

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Compute the total and annual returns on the described investment. Four years after buying 50 shares of XYZ stock for $60 per share, you sol the stock for $4800. The total return is (Do not round unti the final answer. Then round to one docimal place as needed.)

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