Question
Jerry inherited a baseball card from his great uncle 50 years ago. His uncle paid $1 for it at the time. Checking with a professional
Jerry inherited a baseball card from his great uncle 50 years ago. His uncle paid $1 for it at the time. Checking with a professional collector, you find the card is now worth $700.
If you sell it now, what will be the rate of return?
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South-Western Federal Taxation 2018 Comprehensive
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1337386006, 978-1337386005
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