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Jeff Krause purchased 1,000 shares of a speculative stock on January 2 for $2.19 per share. Six months later on July 1, he sold them

Jeff Krause purchased 1,000 shares of a speculative stock on January 2 for $2.19 per share. Six months later on July 1, he sold them for $10.34 per share. He uses an online broker that charges him $10.00 per trade.

What was Jeff's annualized HPR on this investment?

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