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Compute the total and annual returns on the described investment. Six years after buying 200 shares of XYZ stock for $40 per share, you sell

image text in transcribed Compute the total and annual returns on the described investment. Six years after buying 200 shares of XYZ stock for $40 per share, you sell the stock for $12,300. The total return is %. (Do not round until the final answer. Then round to one decimal place as needed.)

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