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Jeff Krause purchased 1,000 shares of a speculative stock on January 2 for $ 2.05 per share. Six months later on July1, he sold them
Jeff Krause purchased 1,000 shares of a speculative stock on January 2 for $ 2.05 per share. Six months later on July1, he sold them for $ 10.23 per share. He uses an online broker that charges him $ 10.00 per trade. What wasJeff's annualized HPR on thisinvestment?
correct answer is 792%. I just need the calculation
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