What is the rate of return on your investment

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Reference no: EM131456111

"Mona Lisa" by Leonardo da Vinci was priced $50,000 in 1940 and $400,000 in 1965, respectively. If you were the owner of it, what is the rate of return (APR) on your investment if we assume annual compounding? What about semi-annual compounding?

Reference no: EM131456111

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