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You purchase a security for $6,000. If you expect to sell the security for $5,000 in 7 years. What is the holding period return? (i.e,

You purchase a security for $6,000. If you expect to sell the security for $5,000 in 7 years.

What is the holding period return? (i.e, what is the total return over 7 years.) (3 decimals)

What is the annual rate of return? (4 decimals)

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