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Holding period and annual? (investment) returns   Part A :   Baker Baseball? Cards, Inc

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Holding period and annual? (investment) returns

Part A :

Baker Baseball? Cards, Inc. originally purchased the rookie card of? Hammerin' Hank Aaron for $33.00. After holding the card for 4 ?years, Baker Baseball Cards auctioned the card for $198.00. What are the holding period return and the simple annual return on this? investment?

Part B :

Bohenick Classic Automobiles restores and rebuilds old classic cars. The company purchased and restored a classic 1957 Thunderbird convertible 6 years ago for ?$9,500.00. Today at? auction, the car sold for ?$95,000.00. What are the holding period return and the annual return on this? investment?

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