The original barbie doll was introduced in 1972 and sold, Financial Management

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The original barbie doll was introduced in 1972 and sold

The original Barbie doll was introduced in 1972 and sold for approximately $3.00. In year 2015, a mint-condition doll in its original box would be listed on EBay at approximately $700.00. What average annual rate of return would the seller realize if she had been the original purchaser of this ‘investment’?

A. 14.95%

B. 9.71%

C. 19.84%

D. 10.47%

E. 13.52%

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