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What annual return on investment did you earn

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Question - In 1958, your grandfather bought a painting for $100,000. In 2006, you sold it for $5.8 million. What annual return on investment did you earn on your grandfather's purchase?

9.62%

8.83%

6.32%

8.67%

7.31%

9.99%

Reference no: EM132051616

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