You are considering two investment alternatives. The first is a stock that pays quarterly dividends of $$0\mathrm{.}51$ per share and is trading at $$29\mathrm{.}93$ per share; you expect to

sell the stock in six months for $$33\mathrm{.}69.$ The second is a stock that pays quarterly dividends of $$0\mathrm{.}53$ per share and is trading at $$32\mathrm{.}52$ per share; you expect to sell the

stock in one year for $$34\mathrm{.}66.$ 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

$\%.($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.$)$

Stock $1$

Stock $2$