Death and the Maven (A True Story). In December 1995, 101-year-old Anne Scheiber died and left $22 million to Yeshiva University. This fortune was accumulated through shrewd and patient investment of a $5000 nest egg over the course of 50 years. In turning $5000 into $22 million, what were Scheiber's total and annual returns? How did her annual return compare to the average annual return for stocks (see Table 4.6)?
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