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Check my work mode: This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion. Return
Check my work mode: This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion. Return question 9 14 points coin sold at auction in 2019 for $3.752,000. The coin had a face value of $10 when It was issued in 1793 and had been previously sold for $190.000 in 1970. a. At what annual rate did the coin appreciate from its first minting to the 1970 sale? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) b. What annual rate did the 1970 buyer earn on his purchase? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g. 32.16.) At what annual rate did the coin appreciate from its first minting to the 2019 sale? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) * Answer complete but not entirely correct. a. Rate of retum from 1793 to 1970 b. Rate of return from 1970 to 2019 c. Rate of return from 1793 to 2019 5.729 6.55% 5.90 %
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