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ork 4 0 A coin sold at auction in 2017 for $2,777,000. The coin had a face value of $1 when it was issued in

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ork 4 0 A coin sold at auction in 2017 for $2,777,000. The coin had a face value of $1 when it was issued in 1990 and had previously been sold for $115,000 in 1977. a. At what annual rate did the coin appreciate from its first minting to the 1977 sale? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g. 32.16.) What annual rate did the 1977 buyer earn on his purchase? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) At what annual rate did the coin appreciate from its first minting to the 2017 sale? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g. 32.16.) Rate of return from 1790 to 1977 Rate of return from 1977 to 2017 c. Rate of return from 1790 to 2017

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