Compute the total and annual returns on the described investment.
-Five years after paying $15,487 for shares in a new company, you sell the shares for $7342.
A) Total Return: -42.07\%
Annual Return: -11.09\%
B) Total Return: -
Annual Return: -13.17\%
C) Total Return:
Annual Return: -13.87\%
D) Total Return: -55.22\%
Annual Return:
Correct Answer:
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