(Preferred stock expected return )You are planning to purchase 150 shares of preferred stock and must choose between stock in Kristen Corporation and Titus Corporation. Your required rate of return is 14.91 percent. If the stock in Kristen pays a dividend of $ 3.00 and is selling for $ 20 and the stock in Titus pays a dividend of $ 4.00 and is selling for $ 27, which stock should you choose?

a. What is the expected return of stock in Kristen Corporation

b. What is the expected return of stock in Titus Corporation