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(Computing rates of return) From the following price data, compute the annual rates of return for Asman and Salinas. Time Asman Salinas 1 $11 $31

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(Computing rates of return) From the following price data, compute the annual rates of return for Asman and Salinas. Time Asman Salinas 1 $11 $31 2 12 27 3 10 33 4 13 36 (Click on the icon in order to copy its contents into a spreadsheet.) How would you interpret the meaning of the annual rates of return? The rate of return you would have earned on Asman stock from time 1 to time 2 is%. (Round to two decimal places.)

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