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You are considering two investment alternatives. The first is a stock that pays quarterly dividends of $ 0 . 2 4 per share and is

You are considering two investment alternatives. The first is a stock that pays quarterly dividends of $0.24 per share and is trading at $26.93 per share; you expect to sell the stock in six months for $31.66. The second is a stock that pays quarterly dividends of $0.53 per share and is trading at $27.46 per share; you expect to sell the stock in one year for $29.28. Which stock will provide the better annualized holding period return?
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Part 1
The1-year HPR for the first stock is
enter your response here%.(Enter as a percentage and round to two decimal places.)

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