Over the past 10 years your 15000 in gold coins has


Over the past 10 years, your $15,000 in gold coins has increased value by 250 percent. You plan to sell these coins today. You have paid annual storage and insurance costs of $1520 per year. Assay expenses at the time of sales are expected to total $1450. What is your 10-year holding period return to this investment?

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Financial Management: Over the past 10 years your 15000 in gold coins has
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