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Holding period and annual (investment) returns. Bohenick Classic Automobiles restores and rebuilds classic cars. The company purchased and restored a classic 1957 Thunderbird convertible six
Holding period and annual (investment) returns. Bohenick Classic Automobiles restores and rebuilds classic cars. The company purchased and restored a classic 1957 Thunderbird convertible six years ago for $8,500. Today at auction the car sold for $50,000. What are the holding period return and the annual return on this investment
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