On February $1,$ you bought $1,000$ shares of stock in the Francesca Corporation for $$25$ a share

and three years later you sold it for $$48$ a share. During each year of your holding period, you

received a cash dividend of $$1\mathrm{.}00$ a share. What is the HPR$?$

$87\%$

$78\%$

$96\%$

$50\%$

$104\%$