What was the rate of return on this investment

Assignment Help Finance Basics
Reference no: EM131152811

Assume that in 2009, a Morgan silver dollar minted in 1890 sold for $7,050.

Required:

What was the rate of return on this investment? (Enter rounded answer as directed, but do not use rounded numbers in intermediate calculations. Enter your answer as a percent rounded to 2 decimal places (e.g., 32.16).)

Reference no: EM131152811

Questions Cloud

Do all supervisors coach and mentor on a regular basis : How can supervisors be coaches and mentors? Do all supervisors coach and mentor on a regular basis? Do you think that supervisors should coach and mentor employees every day and how might that impact the workplace?
Defining features of the model of classical capitalism : There are __________ specific defining features of the model of classical capitalism
Series of irregular cash flows to an equivalent : Using a 15 percent interest rate, convert this series of irregular cash flows to an equivalent (in present value terms) 3-year annuity.
How backward pass differs for these two project types : Some projects have a fixed due date while others have to be finished as early as possible, and the project manager only makes commitments on the completion date once she and her project management team have scheduled the project. Explain how the back..
What was the rate of return on this investment : What was the rate of return on this investment? (Enter rounded answer as directed, but do not use rounded numbers in intermediate calculations. Enter your answer as a percent rounded to 2 decimal places (e.g., 32.16).)
Describe methodology behind constructing breakdown structure : Define a work breakdown structure and describe the methodology behind constructing one. Contains at least five main tasks, one for each of the PMBOK process areas.
Why is it important to do social networking for your busines : Write a Persuasive Essays on the topic :" Why is it important to do social networking for your business? "
Hope of earning significantly higher returns : A) How do some investors use derivatives to increase their risks significantly in the hope of earning significantly higher returns? B) How do other investors use derivatives to reduce risk, lowering their expected returns, but, also lowering the ..
Describe the implications of each alternative action : Discuss alternative courses of action that could be taken by the counselor to rectify each dilemma. Describe the implications of each alternative action; lay out the limitations and advantages of each alternative considered.

Reviews

Write a Review

Finance Basics Questions & Answers

  Salary claim against the partner ship

George, Burton and dillman are partners for three years. The partner ship is dissolved . George is leaving the firm but burton and dillman  to carry on the business

  Identify the major risk exposures resulting

Identify the major risk exposures resulting from the high school

  A firm has 10 million shares outstanding with a 20 per

a firm has 10 million shares outstanding with a 20 per share market price. the firm has 25 million in extra cash that

  What functions can point-of-purchase materials accomplish

What functions can point-of-purchase materials accomplish that mass media advertising cannot?

  Market value ratios what is the pe ratio and the market to

1 liquidity what is the current ratio and the quick ratio2 asset managment what is the total asset turnover and average

  Triumph company has total assets worth 6413228 next year it

1.planning models that are more sophisticated than the percent of sales method have2.firms that achieve higher growth

  At what unit sales volume will its income equal

A company's fixed operating costs are $480,000, its variable costs are $3.85 per unit, and the product's sales price is $4.30. What is the company's breakeven point; that is, at what unit sales volume will its income equal its costs? Round your an..

  Do any of the three swap candidates provdie better current

dave and marlene carter live in the boston area where dave has a successful orthodontics practice. dave and marlene

  A non-dividend paying stock is currently trading

A non-dividend paying stock is currently trading at $100 and its volatility is 40%. Consider a put option on this stock, with a strike price of $110, expiring in 1.5 years. The current risk-free rate is 2% per annum. We will price the put option with..

  If winkler inc has sales of 2 million per year all credit

if winkler inc. has sales of 2 million per year all credit and an average collection period of 35 days what is its

  Role of venture capital funds in supporting technology

Discuss the role of Venture Capital Funds in supporting technology based enterprises promoted by first generation entrepreneurs?

  Compute yearly interest income of every bond on basis

Compute yearly interest income of every bond on basis of its coupon rate also number of bonds which Sam could buy with his= $20000.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd