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  3. a coin sold at auction in 2019 for $8,406,000. the

A coin sold at auction in 2019 for $8,406,000. The coin had a face value...

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A coin sold at auction in 2019 for $8,406,000. The coin had a face value of $15 when it was issued in 1787 and had been previously sold for $265,000 in 1975. a. b. C. At what annual rate did the coin appreciate from its first minting to the 1975 sale? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) What annual rate did the 1975 buyer earn on his purchase? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) At what annual rate did the coin appreciate from its first minting to the 2019 sale? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) a. Rate of return from 1787 to 1975 b. Rate of return from 1975 to 2019 c. Rate of return from 1787 to 2019 % %

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