#7) Metlock Mechanical Ltd.'s preferred shares have a par value of $50, a dividend rate of 7.0 percent, and trade at a price of $70. Bonita Inc.s preferred shares have a par value of $60, have a dividend rate of 4.5 percent, and trade at a price of $45.

Metlock Mechanical =

Bonita Inc. = Which companys preferred stock is riskier? (Round answers to 2 decimal places, e.g. 5.17%.)