Calculation Formula

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rki747

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Sirji,

I would like to know the formula for calculating annual return%. I have invested in ABC stock on 23rd Aug.04 at 2683 which is currently at 2515 on 31st Aug. my absolute return is -6%. But my advisor sent me an annual return of -88.31% is that correct. How can I calculate this in Excel. Please help me sir. Regards, RKI747
 
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