资产评估理论基础(2)(3)

图3 两百年以后

Example

(1.1135)=?

;74

Ibbotson {and} Sinquefield calculated what the stock market returned as a whole from 1926 to 1999. They find that one dollar placed in these stocks at the beginning of 1926 would have been worth $2845.63. Annual return is 11.346%.

Example:

Peter Minuit,director-general of New Netherlands, the Dutch west India Company's Colony in North America. In 1626， 60 Dutch Guilders(10.61g Sliver Coin)

图4 Dutch Guilders

native Americans, In 1667,Ducth were forced to exchange it for Suriname with the British.