(Answered) Compute the total and annual returns on the described

Management Studies

Compute the total and annual returns on the described investment.

Five years after buying 50 shares of XYZ stock for ?$60 per? share, you sell the stock for $ 4400.

The total return is ? %

?(Do not round until the final answer. Then round to one decimal place as? needed.)

The annual return is ? %

?(Do not round until the final answer. Then round to one decimal place as? needed.)

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