7. A 1956 Fender Telecaster Sunburst guitar sold for $800 in 1956. Today it is worth $33,000. The CPI in 1956 was 27.20 today (66 years later) it is 271.40. Compute:
   1. The nominal holding period return on a sunburst guitar.
   2. The annualized nominal return.
   3. The real holding period return
   4. The annualized real return.