Over the past 10 years your 15000 in gold coins has, Ask an Expert

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Over the past 10 years, your $15,000 in gold coins has increased in value by 200 percent. You plan to sell these coins today. You have paid annual storage and insurance costs of $500 per year.

Assay expenses at the time of sale are expected to total $400. What is your 10-year (not annualized) holding period return on this investment?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92093723

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