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Corporate Finance · End Term · 22 Dec 2024 · September 2024 term · Set QDB3

Question 11: You found an ancient painting in your home that was purc…

Question 11

+3 marksOne correct option

You found an ancient painting in your home that was purchased by your father 20 years ago for Rs 1,000. You auction it and sell it for Rs 30,000. What is the annualized rate of return that is earned on the painting?

  1. A

    8.52%

  2. B

    18.54%

  3. C

    27.38%

  4. D

    32.14%

Show answer

Correct answer

  • B

    18.54%

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Question 11 of 35 in the IIT Madras BS Corporate Finance (Corporate Finance) End Term paper sat on 22 Dec 2024, in the September 2024 term (IIT M DEGREE AN EXAM QDB3 22 Dec 2024). It carries 3 marks.

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