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Posted: June 15th, 2022
You purchased a rare bottle of red Bordeaux wine 15 years ago
11. You purchased a rare bottle of red Bordeaux wine 15 years ago for $65 as an investment. If inflation has been 4% per year for the last 15 years, how much would you need to sell the wine for to have made a real return of 5% per year above inflation?
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