Homework: Chapter 8 Part 1 Homework Save core: 0 of 1 pt 2 of 15 (10 complete) HW Score: 61.67%, 9.25 of 15 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 7 years ago for $8,300.00. Today at auction, the car sold for $83,000.00. What are the holding period return and the annual return on this investment? What is the holding period return of the car? 1% (Round to two decimal places.) Enter your answer in the answer box and then click Check Answer Check Answer Clear All 2 parts remaining W X