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You are considering two investment alternatives. The first is a stock that pays quarterly dividends of $0.44 per share and is trading at $25.52 per

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You are considering two investment alternatives. The first is a stock that pays quarterly dividends of $0.44 per share and is trading at $25.52 per share; you expect to sell the stock in six months for $28.85. The second is a stock that pays quarterly dividends of $0.66 per share and is trading at $33.92 per share; you expect to sell the stock in one year for $36.82. 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.) The 1-year HPR for the second stock is 16.33%. (Enter as a percentage and round to two decimal places.) The stock that will provide the better annualized holding period return is

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