Question
Homer purchased a sculpture, the Gummy De Milo, at auction in 2011for a price of $13,200,000. Homer sold the statue in 2015years laterfor $11,200,000. What
Homer purchased a sculpture, the Gummy De Milo, at auction in 2011for a price of $13,200,000. Homer sold the statue in 2015years laterfor $11,200,000. What was the annual rate of return on this investment?
A) 4.02%
B) -4.55%
C) 4.19%
D) -3.62%
E) -4.02%
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Introduction To Health Care Management
Authors: Sharon B. Buchbinder, Nancy H. Shanks
3rd Edition
128408101X, 9781284081015
