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A coin that was featured in a famous novel sold at auction in 2014 for $6,788,000. The coin had a face value of $5 when it was issued in 1790 and had previously been sold for $280,000 in 1967.
a. At what annual rate did the coin appreciate from its first minting to the 1967 sale? Rate of return %
b. What annual rate did the 1967 buyer earn on his purchase? Rate of return %
c. At what annual rate did the coin appreciate from its first minting to the 2014 sale? Rate of return %
Isabel Lopez started Biz Consulting, a new business, and completed the following transactions during its first year of operations. a. I. Lopez invests $61,000 cash and office equipment valued at $32,000 in the company in exchange for its common stock..
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What does the Taylor rule imply that policymakers should do to the fed funds rate under the following scenarios?
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Robinson's has 15,000 shares of stock outstanding with a par value of $1.00 per share and a market price of $36 a share. The balance sheet shows $15,000 in the common stock account, $315,000 in the capital in excess of par account, and $189,000 in th..
Calculate the growth rates of the two variables for each year since 1960. - Which is more volatile-GDP or investment? What might explain the difference in volatility?
Cranberry woods spends an average of $9.30 in labor and $12.60 in materials on every unit it sells. sales commissions and shipping amount to another $3.10. all other cost are fixed and add up to 136,000 per month. what's is cranberry's contribution? ..
Fiat has introduced a new car in the United States called the 500. Assume that your boss has the responsibility to forecast the sales of the 500 in the United States for the year 2012. He believes that Fiat will sell 85,000 of the 500s for 2012. Supp..
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