On March 1, 2021, you bought AAPL and AMZN stocks for your investment account. Please see spreadsheet below - Assignments and contains monthly prices for AAPL and AMZN. Use the data to answer the following questions: a) If you allocated 70% of investment in AAPL and 30% in AMZN, calculated the holding period return (HPR) of your investment portfolio for the period between March 1, 2021 and February 1, 2022. What is the annual HPY for your investment portfolio for the period between March 1, 2021 and February 1, 2022? b) On March 1, 2021, you allocated 70% of investment in AAPL and 30% in AMZN. On September 1, 2021, you rebalanced your portfolio by reducing AAPL investment to 30% of the portfolio value and increasing AMZN investment to 70% of portfolio value, respectively. Calculated the holding period return of your investment portfolio for the period between March 1, 2021 and February 1, 2022. What is the annual HPY for your investment portfolio for the period between March 1, 2021 and February 1, 2022?

Date	AAPL Price	AMZN Price
1-Mar-21	$ 121.43	$ 3,094.08
1-Apr-21	$ 130.68	$ 3,467.42
1-May-21	$ 123.87	$ 3,223.07
1-Jun-21	$ 136.38	$ 3,440.16
1-Jul-21	$ 145.24	$ 3,327.59
1-Aug-21	$ 151.19	$ 3,470.79
1-Sep-21	$ 141.11	$ 3,285.04
1-Oct-21	$ 149.39	$ 3,372.43
1-Nov-21	$ 164.85	$ 3,507.07
1-Dec-21	$ 177.34	$ 3,334.34
1-Jan-22	$ 174.56	$ 2,991.47
1-Feb-22	$ 167.09	$ 3,052.03