From the following price data, compute the annual rates of return for Asman and Salinas.

(Computing rates of return)From the following price data, compute the annual rates of return for Asman and Salinas.

Time	Asman	Salinas
1	$10	$31
2	12	27
3	11	32
4	13	34

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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

nothing%.

(Round to two decimal places.)

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How would you interpret the meaning of the annual rates of return?