Jeff Krause purchased 1,000 shares of a speculative stock in January for $2.09 per share. Six...
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Jeff Krause purchased 1,000 shares of a speculative stock in January for $2.09 per share. Six months later, he sold them for $9.62 per share. He uses an online broker that charges him $10.00 per trade. What was Jeff's annualized HPR on this investment? Jeff's annualized HPR on this investment is %. (Round to the nearest whole percent.) Jeff Krause purchased 1,000 shares of a speculative stock in January for $2.09 per share. Six months later, he sold them for $9.62 per share. He uses an online broker that charges him $10.00 per trade. What was Jeff's annualized HPR on this investment? Jeff's annualized HPR on this investment is %. (Round to the nearest whole percent.)
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