Homework: Chapter 8 Homework Save Score: 0 of 1 pt 3 of 11 (0 complete) HW Score: 0%, 0 of 11 pts P8-6 (similar to) Question Help Holding period and annual (investment) returns. Bohenick Classic Automobiles restores and rebuilds old classic cars. The company purchased and restored a classic 1957 Thunderbird convertible 4 years ago for $9,400.00. Today at auction, the car sold for $65,800.00. What are the holding period retum and the annual return on this investment? What is the holding period return of the car? % (Round to two decimal places.) (C Enter your answer in the answer box and then click Check