FILE HOME INSERT PAGE LAYOUT FORMULAS DATA REVIEW VIEW Sign In Calibri 11 - ' ' % L Paste BIU Alignment Number Conditional Format as Formatting Table Styles Cell Cells Editing Clipboard Font F Styles A1 fx A B C D E F G H I J K 1 2 3 10 11 12 13 14 15 16 17 4567892=22 Although appealing to more refined tastes, art as a collectible has not always performed so profitably. During 2003, Sotheby's sold the Edgar Degas bronze sculpture Petite Danseuse de Quatorze Ans at auction for a price of $10,311,500. Unfortunately for the previous owner, he had purchased it in 1999 at a price of $12,377,500. What was his annual rate of return on this sculpture? Beginning year Ending year Present value Future value 1999 2003 $ 12,377,500 $ 10,311,500 Complete the following analysis. Do not hard code values in your calculations. Annual interest rate