You are considering two investment alternatives. The first is a stock that pays quarterly dividends of $0.18 per share and is trading at $21.19 per share; you expect to sell the stock in six months for $23.59. The second is a stock that pays quarterly dividends of $0.55 per share and is trading at $27.76 per share; you expect to sell the stock in one year for $28.33

Which stock will provide the better annualized holding period return?

What is the 1-year HPR for the first stock?

What is the 1-year HPR for the second stock?