!!! Apps Welcome to LADWP The John Stewart... Company Director. Rentals Available >> Other Bookmarks FIN-320-24100 Principles of Finance 20EW4 Omar Bray : 1 04/05/20 4:52 PM Save Homework: 5-2 MyFinanceLab Assignment Score: 0 of 4 pts 10 of 12 (9 complete) HW Score: 60%, 30 of 50 pts P5-20 (similar to) Question Help putheast same rep (Related to Checkpoint 5.6) (Solving for I) Lance Murdock purchased a wooden statue of a Conquistador for $7,500 to put in his home office 9 years ago. Lance has recently married, and his home office is being converted into a sewing room. His new wife, who has far better taste than Lance, thinks the Conquistador is hideous and must go immediately. Lance decided to sell it on e-Bay and only received $4,500 for it, and so he took a loss on the investment. What was his rate of return, that is, the value of i? Ref arbit ment sch What was Lance Murdock's rate of return, that is, the value of ? Enter a negative percentage for a loss. % (Round to two decimal places.) POF firmation nar...FINA in 320 4-3 pvised.xls: hinkorswin Enter your answer in the answer box and then click Check Answer. All parts showing Clear All Check