We consider two investment. First is a stock that pays per quarter dividends of $0.21per share and is trading at $22.11 per share; you expect to sell the stock in six months for $25.33 second is a stock that pays quarterly dividends of $0.54per share and is trading at $34.28 per share; we expect to sell the stock in one year for $37.37. What is the stock that will provide the better annual hold period return?

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

The 1-year HPR for the second stock is ___%

The stock that will provide the better annualized holding period return is:

Stock1

Stock2