Unit 3: Decision Making and Planning - 20/FA: PRINCIPLES... hapter 5 TVM Saved 9 10 points Although appealing to more refined tastes, art as a collectible has not always performed so profitably. During 2003, an auction house sold a sculpture at auction for a price of $10,351,500. Unfortunately for the previous owner, he had purchased it in 1998 at a price of $12,457,500. What was his annual rate of return on this sculpture? (A negative answer should be Indicated by a minus sign. Do not round Intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g. 32.16.) eBook Annual rate of return % Hint Print References Me Graw Hill MacBook Air