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ne Value of Money KQuestion 4 (of 5) value 5.00 points Although appealing to more refined tastes, art as a collectible has not always performed

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ne Value of Money KQuestion 4 (of 5) value 5.00 points Although appealing to more refined tastes, art as a collectible has not always performed so profitably. During 2003, an auction house sold a sculpture at auction for a price of $10,401,500. Unfortunately for the previous owner, he had purchased it in 1999 at a price of $12,557,500 What was his annual rate of return on this sculpture? (Negative amount should be indicated by a minus sign. Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g 32.16.) Annual rate of return Hints References eBook & Resources Hint#1 Hint #2 Check my work

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