Assume that in 2018, the first edition of a comic book was sold at auction for $797,800.
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Question:
Assume that in 2018, the first edition of a comic book was sold at auction for $797,800. The comic book was originally sold in 1939 for $.10. For this to have been true, what was the annual increase in the value of the comic book?
(Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
Related Book For
Essentials of Corporate Finance
ISBN: 978-1260013955
10th edition
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
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