Rate of return did this coin return
Problem:
Assume that in 2010, a gold dollar minted in 1887 sold for $133,000. For this to have been true,
Required:
Question 1: What rate of return did this coin return for the lucky numismatist?
Note: Please provide reasons to support your answer.
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What was the firm's operating cash flow during 2014? Note: Please provide equation and explain comprehensively and give step by step solution.
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What rate of return did this coin return for the lucky numismatist? Note: Please provide reasons to support your answer.
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What is the firm's required return on equity? Ignoring taxes, use your finding in part (a) to calculate the firm's WACC.
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