Compute the total and annual returns

timer Asked: Jun 4th, 2013

Question description

Compute the total and annual returns on the described investments.

7 years after paying $6,413 for shares in a new company, you sell the shares for $16,278


a) Total Return: 153.83%

 Annual Return: 14.25%


b) Total Return: 161.52%

 Annual Return: 14.96%


c) Total Return: 123.06%

 Annual Return: 11.40%


d) Total Return: 146.14%

 Annual Return: 13.53%


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