One year ago you purchased a piece of fine art for 27250 You

One year ago, you purchased a piece of fine art for $27,250. You are planning on remodeling your kitchen and decide to sell the piece in order to generate income for the project. Your plan is to purchase Treasury Bills which have a current bill yield of 6.5%. You receive an offer to purchase the art for $32,500. Compute the holding period return on this investment.