Step 1 :Calculate the total cost of the investment by multiplying the number of shares bought (200) by the cost per share ($40). This gives us \(200 \times 40 = 8000\).
Step 2 :Calculate the total return from the investment, which is given by the selling price of the stock ($11,300).
Step 3 :Calculate the total return on the investment by subtracting the total cost of the investment from the total return from the investment. This gives us \(11300 - 8000 = 3300\).
Step 4 :Calculate the annual return by dividing the total return by the number of years the investment was held (6 years). This gives us \(\frac{3300}{6} = 550\).
Step 5 :Final Answer: The total return on the investment is \(\boxed{3300}\) and the annual return is \(\boxed{550}\). Therefore, the total and annual returns on the investment are \(\boxed{3300}\) and \(\boxed{550}\) respectively.