Jason, in the past 2 years, had the following transaction activities:

Year (-2)

bought 100 shares of Company A at $30 per share

Year (-1)

sold 50 shares of Company A at $32 per share after a dividend of $2 was declared

bought 100 shares of Company B at $50 per share

Year 0 (now)

sold all his holdings of both "A" and "B" shares. A shares are trading at $33/share and

B shares at $52 per share after dividends on both types of shares at $2 are declared.

Given that capital gain for Jason is taxed at 50% of realized gain and dividend tax is at

25% and Jason's regular income tax rate is at 40%:

a) Calculate HPR1:

b) Calculate HPR2:

c) calculate TWR for entire 2 years:

d) Calculate MWR