Holding period and annual(investment) returns . Bohenick Classic Automobiles restores and rebuilds old classic cars. The company
Fantastic news! We've Found the answer you've been seeking!
Question:
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 6 years ago for $8,100.00. Today atauction, the car sold for $81,000.00.
What are the holding period return and the annual return on thisinvestment?
% (Round to two decimal places)
Posted Date: