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Question 15 and 16 are based on the same information. I was recently visiting at a friend's cottage and I noticed some old comic books

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Question 15 and 16 are based on the same information. I was recently visiting at a friend's cottage and I noticed some old comic books on the bookshelf. I was surprised to find that one of the comics was the first issue of the Fantastic Four. It was published in Oct 1964 and featured The Thing, Mr. Fantastic, Human Torch, and Invisible Girl. The price on the cover of the comic was $0.10. I told my friend that the comic might be worth a bit of money and that he should safely store it away. When I checked the rare comic price guide, the same comic was listed as being worth $142.000. A) Assuming you had purchased a copy of the comic for $0.10 when it first came out, what is the annual rate of return on your purchase? Now is Oet 2020, Keep three decimals for your answer, For example, if you get 5.6731%, fill your answer a5 0.057) B) Suppose my friend wants to hold on to the comic until it is worth $1,000,000. How much longer (how many more years) will he need to keep the comic? Assume that it will continue to appreciate at the same rate. Keep one decimal in your

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