Lance Murdock purchased a wooden statue of a Conquistador for $7, 100 to put in his home office 9 years age. Lance has recently married, and his home office is being converted into a sewing room. His now who, who has far better taste than Lance, thinks the Conquistador is hideous and must go immediately. Lance decided to sell it on a - Bay and only received $4, 800 for it, and so he look a loss on the investment. What was his rate of return, that is, the value of? What was Lance Murdock's rate of return, that is, the value of ohm Enter a negative percentage for a loss % (Round to two decimal places.)