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You are considering two investment alternatives. The first is a stock that pays quarterly dividends of 0.38 per share and is trading at $21.72 per

You are considering two investment alternatives. The first is a stock that pays quarterly dividends of 0.38 per share and is trading at $21.72 per share; you expect to sell the stock in six months for $25.26. The second is a stock that pays quarterly dividends of $0.64 per share and is trading at $29.75 per share; you expect to sell the stock in one year for $30.58. Which stock will provide the better annualized holding period return?

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