How much would the $2,300 Asa Griggs Candler paid for the Coca-Cola formula and brand be worth today?
Around $25,000
Around $50,000
Around $71,000
Around $100,000
Answer
Asa Griggs Candler paid $2,300 for the Coca-Cola formula and brand in 1889. Adjusted for inflation, this amount would be worth roughly $71,000 in 2022.
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