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QUESTION 1 0 Baker Baseball Cards , Inc. originally purchased the rookie card of Hammerin ' Hank Aaron for $ 2 1 . 0 0

QUESTION 10
Baker BaseballCards, Inc. originally purchased the rookie card ofHammerin' Hank Aaron for $21.00. After holding the card for 7years, Baker Baseball Cards auctioned the card for $189.00. What are the holding period return and the simple annual return on thisinvestment? FIND (EAR)?

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