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An investor purchases 1000 shares of Micron (MU) at $45.50 per share. Over the course of the year, the share price rises to $49 and

An investor purchases 1000 shares of Micron (MU) at $45.50 per share. Over the course of the year, the share price rises to $49 and Micron pays a $1 dividend. What is the investors holding period return (HPR)?

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