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Jeff Krause purchased 1,000 shares of a speculative stock on January 2 for $1.81per share. Six months later on July? 1, he sold them for
Jeff Krause purchased 1,000 shares of a speculative stock on January 2 for $1.81per share. Six months later on July? 1, he sold them for $10.33 per share. He uses an online broker that charges him $10.00 per trade. What was? Jeff's annualized HPR on this? investment?
*(please show math behind the solution)
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