Compute the total and annual returns on the described investment. Four years after buying 600 shares of XYZ stock for $45 per share, you sell the stock for $2000. O Total Return: -97.22% Annual Return: -50.22% O Total Return: -78.70% Annual Return: -40.66% O Total Return: -92.59% Annual Return: -47.83% O Total Return: -83.33% Onnual Return: -43.05%

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter5: Inverse, Exponential, And Logarithmic Functions
Section5.3: The Natural Exponential Function
Problem 5E
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QUESTION 11
Compute the total and annual returns on the described investment.
Four years after buying 600 shares of XYZ stock for $45 per share, you sell the stock for $2000.
O Total Return: -97.22%
Annual Return: -50.22%
O Total Return: -78.70%
Annual Return: -40.66%
Total Return: -92.59%
Annual Return: -47.83%
Total Return: -83.33%
Annual Return: -43.05%
Transcribed Image Text:QUESTION 11 Compute the total and annual returns on the described investment. Four years after buying 600 shares of XYZ stock for $45 per share, you sell the stock for $2000. O Total Return: -97.22% Annual Return: -50.22% O Total Return: -78.70% Annual Return: -40.66% Total Return: -92.59% Annual Return: -47.83% Total Return: -83.33% Annual Return: -43.05%
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