Question
Occasionally, pieces of art sell for fantastic prices. For example, Vincent Van Goghs painting, Sunflowers, sold at auction in 1987 for $36 million. Its original
Occasionally, pieces of art sell for fantastic prices. For example, Vincent Van Goghs painting, Sunflowers, sold at auction in 1987 for $36 million. Its original price, in 1889, was $125. Suppose the painting been in one family for the entire period. What was their average annually compounded rate of return?
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Stats Data And Models
Authors: Richard D. De Veaux, Paul D. Velleman, David E. Bock
4th Edition
321986490, 978-0321989970, 032198997X, 978-0321986498
