In 2020, a Liberty Seated half dollar issued in 1890 was sold for $120,000. What was the rate of return on this investment?

Corporate Fin Focused Approach
5th Edition
ISBN:9781285660516
Author:EHRHARDT
Publisher:EHRHARDT
Chapter4: Time Value Of Money
Section: Chapter Questions
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In 2020, a Liberty Seated half dollar issued in 1890 was sold for
$120,000. What was the rate of return on this investment?
HOE
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6900
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1886 2 81%
8°C
L2005PA 650024
Transcribed Image Text:Transitions Animations Slide Show Review an Internet location and might be unsafe. Click for more details. Question 8 O A View O In 2020, a Liberty Seated half dollar issued in 1890 was sold for $120,000. What was the rate of return on this investment? HOE Enable Editing 6900 F P Activate Windows. Moto P 1886 2 81% 8°C L2005PA 650024
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