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One year ago, you purchased 100 shares of Wacky Widget, Inc. stock for $10 per share. You plan to sell it for $1,100. First, write

One year ago, you purchased 100 shares of Wacky Widget, Inc. stock for $10 per share. You plan to sell it for $1,100. First, write out the percent change formula. Next, using the percent change formula, please calculate the percent return on your investment. Also, indicate whether it was a gain or a loss.

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