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b) Blu Investments Limited has two preferred stocks on the market. The stocks have dividends and yield as presented in the table below. The par

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b) Blu Investments Limited has two preferred stocks on the market. The stocks have dividends and yield as presented in the table below. The par value for both preferred stocks is $100 Name Dividends Yield Series A 8% 12% Series B 6.5% | i) Calculate the price for both preferred stocks? (3 Marks) 11.) If the yield of preferred shares increased to 14% for Series A and 12% for Series B, what is the new price of both stocks? Marks)

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