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Hw Score: 62.5%, b of 8 p P8-6 (similar to) Question Help Holding period and annual (Investment) returns. Bohenick Classic Automobiles restores and rebuilds old

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Hw Score: 62.5%, b of 8 p 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 $7,800.00. Today at auction, the car sold for $62,400.00. What are the holding period return and the annual return on this investment? What is the holding period return of the car? 175% (Round to two decimal places.) Test

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