You are considering two investment alternatives. The first is a stock that pays quarterly dividends of $0.47 per share and is trading at $27.24 per share; you expect to sell the stock in six months for $30.26. The second is a stock that pays quarterly dividends of $0.61 per share and is trading at $28.29 per share; you expect to sell the stock in one year for $30.55. Which stock will provide the better annualized holding period return? Vorked Solution 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 %. (Enter as a percentage and round to two decimal places.) The stock that will provide the better annualized holding period return is: (Choose the best answer below.) O Stock 1 O Stock 2