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P4.11 (book/static) Question Help You are considering two investment alternatives. The first is a stock that pays quarterly dividends of $0.25 per share and is

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P4.11 (book/static) Question Help You are considering two investment alternatives. The first is a stock that pays quarterly dividends of $0.25 per share and is trading at $20.00 per share; you expect to sell the stock in six months for $24.00. The second is a stock that pays quarterly dividends of $0.50 per share and is trading at $27.00 per share; you expect to sell the stock in one year for $30.00. 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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