Question
Assume that in 2018, the first edition of a comic book was sold at auction for $797,800. The comic book was originally sold in 1939
Assume that in 2018, the first edition of a comic book was sold at auction for $797,800. The comic book was originally sold in 1939 for $.10. For this to have been true, what was the annual increase in the value of the comic book?
(Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
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Essentials of Corporate Finance
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
10th edition
1260013955, 1260013952, 978-1260013955
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