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In 1995, Christie's auctioned the William de Kooning painting Untitled. The highest bid of $1.95 million was rejected by the owner, who had purchased the painting at the height of the art market in 1989 for $3.52 million.

Had the seller accepted the bid, what would his return have been?

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M92754796

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