Q Search the web... fa D AutoSave Ott Excel Search AllO o File Home Insert Draw Page Layout Formulas Dala Review View Help Analytic Solver Data Mining Comments Share . 4 X X Insert Tities New Romnar 14 AA Wrap Text Gerreral E 47 . Ix De ata roz IN Analyze Dala Paste BIU = + A Selver Verge Center DA Conditions Format : Cell Formelling Table Slyes Styles $ -% -% - Sort & Find & riller Select E Format Sels Undo Clipboard Font ignment Number Eciting Analysis Scher B4 On December 24, 2007, the common stock of Google Inc. (GOOG) was trading for $700.73. One year later the shares sold for only $298.02. Google has never paid a common stock dividend. What rate of return E D N 0 R ! 1 2 Problem 7-1 3 On December 24, 2007, the common stock of Google Inc. (GOOG) was trading for $700.73. One year later the shares sold for only $298.02. Google has never paid a common stock dividend. What rate of return would you have eurned ou your investinent hud you purchased the shares on December 24, 2007 Complete the steps below using cell references to given data or previous calculations. In some cases, a simple cell reference is all you need. To copy paste a formula across a row or down a column, an absolute cell reference or a mixed cell reference may be preferred. If a specific Excel function is to be used, the directions will specify the use of that function. Do not type in numerical data into a cell or function. Instead, make a reference to the cell in which the data is found. Make your computations only in the green cells highlighted below. In all cases, unless otherwise dirveted, use the earliest appearance of the data in your formulas, usually the Given Data section. 5 Given Data: 6 Price of stook on 24 dec 2007 $700.73 7 Price of stock after 1 yr $298.02 3 Dividend $0.00 9 10 Rate of retum 11 12 13 Requirements 1 Start Excel 14 2 2 In cell E10. by using cell references, calculate the rate of return on the investment after one year. (1 pt.) 3 Save the workbook. Close the workbook and then exit Excel. Submit the workbook as directed. 15 16 17 19 19 20 7-1 + Porady Exteno: Selection 1 85% Type here lo search O Pi O 42" EX 11:36 PM 11/29/2021