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Suppose you sold a piece of art in January 2 0 2 1 for $ 5 5 , 0 0 0 . You bought the

Suppose you sold a piece of art in January

2021

for $

55, 000 .

You bought the piece in January

2017

for $

62, 300 .

What was your annual rate of return on this piece of art?

(

Round your final answer to two decimal places. A negative answer should be indicated by a minus sign.

)

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