Rate of return did this coin return


Problem:

Assume that in 2010, a gold dollar minted in 1887 sold for $133,000. For this to have been true,

Required:

Question 1: What rate of return did this coin return for the lucky numismatist?

Note: Please provide reasons to support your answer.

Request for Solution File

Ask an Expert for Answer!!
Finance Basics: Rate of return did this coin return
Reference No:- TGS0879522

Expected delivery within 24 Hours