You are considering investing $$$$870$ in Higgs B$.$ Technology Inc. You can buy common stock at $$$$21\mathrm{.}75$ per$$ share; this stock pays no dividends. You can also buy a convertible bond$($$$1,000$ par$$ value$)$ that is currently trading at $$$$870$ and has a conversion ratio of $35.$ It pays $$$$51$ per year in interest. If you expect the price of the stock to rise to $$$$28\mathrm{.}78$ per share in one$$ year, which instrument should you$$ purchase? Question content area bottom Part $1$ The holding period return on the purchase of the common stock would be $32\mathrm{.}33\%.($Round to two decimal$$ places.$)$ Part $2$ The holding period return on the purchase of the convertible bond would be enter your response here$\%.($Round to two decimal$$ places.$)$