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eBook Six months ago, you purchased a tract of land in an area where a new industrial park was rumored to be planned. This land

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eBook Six months ago, you purchased a tract of land in an area where a new industrial park was rumored to be planned. This land cost you 5110,000, and the seller offered you an interest-free loan for 70 percent of the land cost. Today, the industrial park project was formally announced, and an attorney for the developer has just offered you $150,000 for your land. If you accept this offor, what will be your holding period return on this investment Round your answers to two decimal places Holding Period Return (%) based on equity investment only Holding Period Return (%) based on total original cost % Grade it Now Save & Continue

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