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Nike purchases a patent that costs $10,000. The patent is sold 5 years later for $12,621. What is the nominal rate of return on this
Nike purchases a patent that costs $10,000. The patent is sold 5 years later for $12,621. What is the nominal rate of return on this investment?
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Financial Markets And Institutions
Authors: Anthony Saunders, Marcia Cornett
8th Edition
1264098723, 978-1264098729
