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Assume a bronze sculpture sold in the year 2,007 at auction for a price of $10,555,041. Unfortunately for the previous owner, he had purchased it

Assume a bronze sculpture sold in the year 2,007 at auction for a price of $10,555,041. Unfortunately for the previous owner, he had purchased it in year 1,996 at a price of $14,587,086. What was his annual rate of return on this sculpture? Enter answer in percents, to two decimal places.

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