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The Fords purchased the Detroit Lions for $6 million in 1963. Today (in 2020), the Lions are worth 1.95 billion. What is the annual return
The Fords purchased the Detroit Lions for $6 million in 1963. Today (in 2020), the Lions are worth 1.95 billion. What is the annual return on the investment? Is this investment a good deal if the annual return from a comparable investment is 11 percent?? 10.68 percent, good 10.68 percent, bad 5.70 percent, bad 10.88 percent, good 10.88 percent, bad
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