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Suppose that you bought 1200 shares of IBM for $40 a share last year and havent traded since then. IBM did a 4-for-3 split after

Suppose that you bought 1200 shares of IBM for $40 a share last year and havent traded since then. IBM did a 4-for-3 split after your purchase. If IBM is currently trading at $35 per share, what is your HPR? No cash dividend has been paid in the year.

HPR = ?

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