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Jeff Krause purchased 1,000 shares of a speculative stock in January for $2.02 per share. Six months later, he sold them for $8.68 per
Jeff Krause purchased 1,000 shares of a speculative stock in January for $2.02 per share. Six months later, he sold them for $8.68 per share. He uses an online broker that charges him $10.00 per trade. What was Jeff's annualized HPR on this investment? Jeff's annualized HPR on this investment is %. (Round to the nearest whole percent.)
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Fundamentals of Investing
Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk
12th edition
978-0133075403, 133075354, 9780133423938, 133075400, 013342393X, 978-0133075359
