What are the holding period return and simple annual return, Financial Accounting

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What are the holding period return and simple annual return

Problem

Baker Baseball Cards, Inc. originally purchased the rookie card of Hammerin' Hank Aaron for28000. After holding the card for 6 years, Baker Baseball Cards auctioned the card for 168.00. What are the holding period return and the simple annual return on this investment?

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Financial Accounting: What are the holding period return and simple annual return

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Financial Accounting: What are the holding period return and simple annual return

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