What is the rate of return for this investment

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Question - Calculating Rate of Return - Assume that at the beginning of the year, you purchase an investment for $9,100 that pays $79 annual income. Also assume that the investment's value has increased to $9,400 at the end of the year.

Required -

(a) What is the rate of return for this investment?

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

Reference no: EM133140882

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