The magnification \( m \) produced by a mirror is given by:
\[
m = \frac{-v}{u}
\]
In the case of spherical mirrors:
- Negative magnification means the image is real and inverted.
- A concave mirror can produce a real, inverted image when the object is placed beyond the focal point.
- The magnification being greater than 1 in magnitude (i.e., 2.0) means the image is larger than the object.
- A convex mirror always forms a virtual, diminished, and upright image, never real.
Therefore, the mirror is concave, and the image formed is real and magnified.
Final answer: Concave and real