Multiple Choice
Julian was given a gold coin originally purchased for $1 by his great grandfather 50 years ago.Today the coin is worth $450.The rate of return realized on the sale of this coin is approximately equal to:
A) 7.5%
B) 13%
C) 50%
D) 10%
E) 15%
Correct Answer:
Verified
Correct Answer:
Verified
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