Assume you invest 42000 in a certain investment for a, Finance Basics

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Assume you invest 42000 in a certain investment for a

Question: Assume you invest $42,000 in a certain investment for a period of 9 years. At the end of the 9 years you sell the investment for $62, 300. During the hold period, you received a cash payment of $1.200 annually. What is your investments holding period return? [, circle you answer.] What is your investments holding period yield? [, circle you answer.]

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