Compute the total and annual returns on the described

Last updated: 8/8/2022

Compute the total and annual returns on the described investment. Four years after buying 100 shares of XYZ stock for $70 per share, you sell the stock for $10,900. The total return is 55.7 %. (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.)