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Jeff Krause purchased 1 , 0 0 0 shares of a speculative stock in January for 2 . 1 1 per share. Six months later,

Jeff Krause purchased 1,000 shares of a speculative stock in January for 2.11 per share. Six months later, he sold them for 8.75 per share. He uses an online broker that charges him $ 10 per trade. What was Jeff's annualized HPR on this investment? (Round to the nearest whole percent)

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