What is the rate of return for this investment

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Reference no: EM131535422

Calculating Rate of Return. Assume that at the beginning of the year, you purchase an investment for $5.900 that pays $80 annual income. Also assume the investment's value has increased to $6.500 by the end of the year (Obj. 2)

a. What is the rate of return for this investment?

b. Is the rate of return a positive or negative number?

Reference no: EM131535422

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