7.6%

Calculator entries for purchase price are N = 5, I/Y = 4, PMT = 60, FV = 1,000, CPT PV 1,089.04

Calculator entries for ending price are N =4, I/Y = 3, PMT = 60, FV = 1,000, CPT PV 1,111.51

Total ending cash = 1,111.51 + 60 = 1,171.51

HPR= (1,171.51/1,089.04) - 1 = 7.57%