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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. a. What are the
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. a. What are the holding period returns of these investments? b. What are the simple annual returns on these investments? c. What are the effective annual returns on these investments? d. Which investment had the higher holding period return? Which had the higher simple annual return? Which investment had the higher effective annual return? a. What is the holding period return (HPR) of the baseball card? % (Round to two decimal places.) What is the holding period return (HPR) of the car? 6 (Round to two decimal places.) b. What is the simple annual returns on the baseball card? : (Round to two decimal places.) What is the simple annual return on the car? % (Round to two decimal places.) c. What is the effective annual return (EAR) on the baseball card? % (Round to two decimal places.) What is the effective annual return (EAR) on the car? % (Round to two decimal places.) d. The investment with the higher holding period return is the (1) The investment with the higher annual return is the (2) The investment with the higher effective annual return is the (3 (1) baseball card (2) ca (Select from the drop-down menu.) (Select from the drop-down menu.) (Select from the drop-down menu.) 3) car baseball card baseball card
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