$($Preferred stock expected return$)$ You are planning to

purchase $200$ shares of preferred stock and must choose

between stock in the Jackson Corporation and stock in

the Fields Corporation. Your required rate of return is

$9\mathrm{.}96$ percent. If the stock in Jackson pays a dividend of

$$2\mathrm{.}25$ and is selling for $$22$ and the stock in Fields pays a

dividend of $$3\mathrm{.}00$ and is selling for $$31,$ which stock

should you choose?