1-Make the calculation a one-year hold period return (HPR) for the follow two investment, which investment you prefer, assuming these are of equal risk? Explain.

The HPR for investment X is%.

The HPR for investment Y is%

**************Investment Vehicle********************

Cash received*******X********************** Y

1st quarter********** 1.07******************* 0

2nd quarter********* 1.22 *******************0

3rd quarter***********0***********************0

4th quarter******** **2.47 ******************1.59

Investment value*****************************

Beginning of year* 31.83**************** 42.94

End of year********* 29.62**************** 49.43

2-We consider two investment. First is a stock that pays per quarter dividends of $0.24per share and is trading at $24.94 per share; you expect to sell the stock in six months for $28.29 second is a stock that pays quarterly dividends of $0.54per share and is trading at $26.82 per share; we expect to sell the stock in one year for $29.99. What is the stock that will provide the better annual hold period return?

The 1-year HPR for the first stock is ____%