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bigexternal bigexternal
wrote...
Posts: 1279
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7 years ago
Julian was given a gold coin originally purchased for $1 by his great grandfather 50 years ago. Today the coin is worth $450. The rate of return realized on the sale of this coin is approximately equal to:
A) 7.5%   
B) 13%
C) 50%
D) 10%
E) 15%
Textbook 
Corporate Finance Online

Corporate Finance Online


Edition: 1st
Authors:
Read 473 times
4 Replies
We're using: Corporate Finance Online (Eakins, McNally)
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Answer verified by a subject expert
BlimpBlimp
wrote...
Posts: 499
7 years ago
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More solutions for this book are available here
1
Pol. Sci. Major
Minoring in Business
Columbia University Sophomore

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bigexternal Author
wrote...
7 years ago
Really appreciate the effort, thank you for responding
We're using: Corporate Finance Online (Eakins, McNally)
wrote...
4 years ago
Thank you!
wrote...
3 years ago
thank you
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