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14. Baker Baseball Cards, Inc. originally purchased the rookie card of Hammerin' Hank Aaron for...

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14. Baker Baseball Cards, Inc. originally purchased the rookie card of Hammerin' Hank Aaron for $50.00. After holding the card for three years, Baker Baseball Cards auctioned the card for $120.00. What are the 3-year holding period return and the annual return on this investment? 15. You find a zero coupon bond with a par value of $10,000 and 20 years to maturity. If the yield to maturity on this bond is 7.2 percent, what is the fair price of the bond? Assume semi- annual compounding for the bond

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