Compute the Total and Annual Returns on the Described Investment $49.96 \%$

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: - $49.96 \%$
Annual Return: -13.17\%

C) Total Return: $- 52.59 \%$
Annual Return: -13.87\%

D) Total Return: -55.22\%
Annual Return: $- 14.56 \%$

Correct Answer:

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