Question: 11/t indo FV r = - 1. PV. Time Value Ex. #1 On February 26, 1994 Robert Kraft assumed ownership of the New England Patriots

11/t indo FV r = - 1. PV. Time Value Ex. #1 On February 26, 1994 Robert Kraft assumed ownership of the New England Patriots NFL franchise. He paid a price of $172 million. Twenty-five years later (as of 8-6-2020) the Forbes magazine value is quoted as $4.1 billion. What rate of return has Mr. Kraft earned on his investment? Show your answer to five decimal places. Condor od of motos

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