What annual rate of return did the firm earn

Reference no: EM13266774

Marcus, Inc. purchased a rare coin for $219,000 three years ago. Today, they resold that coin for $297,500. What annual rate of return did the firm earn on this investment?

Reference no: EM13266774

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What annual rate of return did the firm earn : Marcus, Inc. purchased a rare coin for $219,000 three years ago. Today, they resold that coin for $297,500. What annual rate of return did the firm earn on this investment?

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