What is the four-year holding period yield

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Suppose it is now January 1, 2012, and you just sold an investment that you own for $12,500. You purchased the investment four years ago for $10,500. During the time you held the investment, it paid income equal to $1,000 each year. What is the four-year holding period yield that you earned on your investment?

Reference no: EM13269766

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