(You will need a business calculator or computer to answer this question.) In 1987, a Van Gogh painting, Sunflowers (not reputed to be one of his best), sold at auction, net of fees, for $36 million. Ninety-eight years earlier, in 1889, the same painting sold for $125. Calculate the rate of return to the seller on this investment. What does this suggest about the merits of fine art as an investment?

AppendixLO1