Calculate the dollar rates of return on the following assets

Reference no: EM131229142

Calculate the dollar rates of return on the following assets:a. A painting whose price rises from $200,000 to $250,000 in a year.b. A bottle of a rare Burgundy, Domaine de la Romanee-Conti 1978, whose pricerises from $180 to $216 between 1999 and 2000.c. A £10,000 deposit in a London bank in a year when the interest rate on poundsis 10 percent and the $/£ exchange rate moves from $1.50 per pound to $1.38per pound.

Reference no: EM131229142

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