5-40A. (Solving far i in compound interest-financial calmlatar needed) In September 1963, the first issue of the

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5-40A. (Solving far i in compound interest-financial calmlatar needed) In September 1963, the first issue of the comic book X-MEN was issued. The original price for the issue was 12 cents. By September 2000,38 years later, the value of this comic book had risen to $6,500. What arulUal rate of interest would you have earned if you had bought the comic in 1963 and sold it in 2000?

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Financial Management Principles And Applications

ISBN: 9780131450653

10th Edition

Authors: Arthur J. Keown, J. William Petty, John D. Martin, Jr. Scott, David F.

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