In March 1963, Ironman was introduced in issue 39 of the comic book Tales of Suspense. The original price for that issue was $0.11. By March 2015 , 52 years later, the value of this comic book, given the condition it's in, had risen to $9,900. What annual rate of interest would you have earned if you had bought the comic book in 1963 and sold it in 2015 ? The annual rate of interest you would have earned if you had bought the comic book in 1963 and sold it in 2015 is enter your response here %. (Round to two decimal places.)
In March 1963, Ironman was introduced in issue 39 of the comic book Tales of Suspense. The original price for that issue was $0.11. By March 2015 , 52 years later, the value of this comic book, given the condition it's in, had risen to $9,900. What annual rate of interest would you have earned if you had bought the comic book in 1963 and sold it in 2015 ? The annual rate of interest you would have earned if you had bought the comic book in 1963 and sold it in 2015 is enter your response here %. (Round to two decimal places.)
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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In March 1963, Ironman was introduced in issue 39 of the comic book Tales of
Suspense.
The original price for that issue was
$0.11.
By March 2015 , 52 years later, the value of this comic book, given the condition it's in, had risen to $9,900.
What annual rate of interest would you have earned if you had bought the comic book in 1963 and sold it in
2015 ?
The annual rate of interest you would have earned if you had bought the comic book in 1963 and sold it in
2015 is enter your response here %.
(Round to two decimal places.)
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