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QUESTION# 5 : Baker Baseball Cards , Inc. originally purchased the rookie card of Hammerin ' Hank Aaron for $ 3 0 . 0 0

QUESTION#5 : Baker BaseballCards, Inc. originally purchased the rookie card ofHammerin' Hank Aaron for $30.00. After holding the card for 6years, Baker Baseball Cards auctioned the card for $240.00. What are the holding period return and the simple annual return on thisinvestment? What is the holding period return of the baseballcard?

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