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What is holding period return on this investment

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Over the past 10 years, your $15,000 in gold coins has increased in value by 200 percent. You plan to sell these coins today. You have paid annual storage and insurance costs of $500 per year. Assay expenses at the time of sale are expected to total $400. What is your 10-year (not annualized) holding period return on this investment?

Reference no: EM131119681

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