You are considering two investment alternatives. The first is a stock that pays quarterly dividends of

$0.29

per share and is trading at

$24.14

per share; you expect to sell the stock in six months for

$28.02.

The second is a stock that pays quarterly dividends of

$0.66

per share and is trading at

$32.89

per share; you expect to sell the stock in one year for

$34.73.

Which stock will provide the better annualized holding period return?