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you use 0.01 as the present value Assume that in 2018, a copper penny struck at the Philadelphia mint in 1795 was sold for $375,000.
you use 0.01 as the present value
Assume that in 2018, a copper penny struck at the Philadelphia mint in 1795 was sold for $375,000. What was the rate of return on this investment? (Do not round Intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Rate of return % Step by Step Solution
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