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Business, 13.08.2020 20:01 420420blazee

Suppose the benefit of owning a painting, in terms of your personal enjoyment, is worth 5% of the value of the painting. If the expected rate of return on stocks is 7%, then the painting should grow in value by per year.

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Suppose the benefit of owning a painting, in terms of your personal enjoyment, is worth 5% of the va...
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