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Jeff Krause purchased 1,000 shares of a speculative stock in January for $2.13 per share. Six months later, he sold them for $9.57 per share.
Jeff Krause purchased 1,000 shares of a speculative stock in January for $2.13 per share. Six months later, he sold them for $9.57 per share. He uses an online broker that charges him $10.00 per trade. What was Jeffs annualized HPR on this investment
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Multinational Business Finance
Authors: David K. Eiteman, Arthur I. Stonehill, Michael H. Moffett
16th Edition
013749601X, 978-0137496013
