During 2003 a sculpture was sold at auction for a price of
During 2003, a sculpture was sold at auction for a price of $10,313,500. Unfortunately for the previous owner, he had purchased it in 1999 at a price of $12,370,500. What was his annual rate of return on this sculpture?
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during 2003 a sculpture was sold at auction for a price of 10313500 unfortunately for the previous owner he had
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