You work for a man that purchased a Monet painting in 1980 f…
You work for a man that purchased a Monet painting in 1980 for $400,000. He just sold the painting at the end of 2020 for $4,000,000. Assume full years. What rate of return did he earn? Enter your answer in decimal format using for decimal places. For example, 3.25% would be entered as .0325.