Calculating Present Values the first comic book featuring Superman was sold in 1938. In 2005, the estimated

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Calculating Present Values the first comic book featuring Superman was sold in 1938. In 2005, the estimated price for this comic book in good condition was about $485,000. This represented a return of 25.90 percent per year. For this to be true, what must the comic book have sold for when new?

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Fundamentals of Corporate Finance

ISBN: 978-0077861629

8th Edition

Authors: Stephen A. Ross, Randolph W. Westerfield, Bradford D.Jordan

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