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Holding period and annual investment) returns. Bohenick Classic Automobiles restores and rebuilds old classic cars. auction, the car sold for $79,000.00. What are the holding

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Holding period and annual investment) returns. Bohenick Classic Automobiles restores and rebuilds old classic cars. auction, the car sold for $79,000.00. What are the holding period return and the annual return on this investment? The company purchased and restored a classic 1957 Thunderbird convertible 7 years ago for $7,900.00. Today at GO What is the holding period return of the car? 900 % (Round to two decimal places.) What is the simple annual return on the car? % (Round to two decimal places.)

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