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Compute the Total and Annual Returns on the Described Investment $5708\$ 5708

Question 152

Multiple Choice

Compute the total and annual returns on the described investment.
-Seven years after paying $5708\$ 5708 for shares in a new company, you sell the shares for $11,475\$ 11,475


A) Total Return: 106.09\%
Annual Return: 11.01\%

B) Total Return: 95.98%95.98 \%
Annual Return: 9.97\%

C) Total Return: 80.83%80.83 \%
Annual Return: 8.39%8.39 \%

D) Total Return: 101.03\%
Annual Return: 10.49\%

Correct Answer:

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