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I need help with this problem below. Determine the total and annual returns on the described investment. Five years after buying 200 shares of XYZ
I need help with this problem below.
Determine the total and annual returns on the described investment.
Five years after buying 200 shares of XYZ stock for $60 pershare, you sell the stock for $ 18,900.
The total return is_____%
The annual return is______%
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