Although appealing to more refined tastes, art as a collectible has not always performed so profitably. During 2003, a sculpture was sold at auction for a price of $10,319,500. Unfortunately for the previous owner, he had purchased it in 1999 at a price of $12,380,500. What was his annual rate of return on this sculpture? 0 -3.78% 04.01% 4.66% O-4,45% O-5.03%