Sam Johnson invested in gold U.S coins ten years ago, paying $216.53 for one ounce gold double

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Sam Johnson invested in gold U.S coins ten years ago, paying $216.53 for one ounce gold double eagle coins. He could sell these coins for $ 734 today. What was his annual rate of return for this investment?
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Foundations of Finance The Logic and Practice of Financial Management

ISBN: 978-0132994873

8th edition

Authors: Arthur J. Keown, John D. Martin, J. William Petty

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