e. Briefly explain the advantages and disadvantages to Parsons of being publicly owned rather than operating as a closely held corporation. f. What is meant by the term convertible used in the caption of the preferred stock? Is there any more information that investors need to know to evaluate this conversion feature? g. Assume that the preferred stock currently is selling at $248 per share. Does this provide a higher or lower dividend yield than an 8 percent. $50 par value preferred with a market price of $57 per share? Show computations (round to the nearest tenth of 1 percent). Explain why one preferred stock might yield less than another