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And for the second stock too please. You are considering two investment alternatives. The first is a stock that pays quarterly dividends of $0.22 per

image text in transcribedAnd for the second stock too please.

You are considering two investment alternatives. The first is a stock that pays quarterly dividends of $0.22 per share and is trading at $20.78 per share; you expect to sell the stock in six months for $23.09. The second is a stock that pays quarterly dividends of $0.49 per share and is trading at $26.77 per share; you expect to sell the stock in one year for $29.96. Which stock will provide the better annualized holding period return? The 1-year HPR for the first stock is (Enter as a percentage and round to two decimal places.)

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