Alyssa has a portfolio of 20 common stocks with a market value of 500,000 on 1st January 2020. By the end of December 2020, Alyssas portfolio market value did not change. She had also received total dividends of 20,000 from stocks in her portfolio for that year.

1- If Alyssa sold one of the stocks with a beginning value of 5,000 for 7,000 at the end of July 2020 without reinvesting in any of the proceeds, find the HPR on Alyssas portfolio at the end of the year (measure the amount of withdrawn funds at their beginning of year value).

2- If Alyssa sold one of the stocks with a beginning value of 5,000 for 7,000 at the end of July 2020, and reinvest the proceeds plus 6,000 by buying and introducing new stocks of Apple Inc. into her portfolio, find the HPR on Alyssas portfolio at the end of the year (measure the amount of withdrawn funds at their beginning of year value).