Problem 14-03 What should be the prices of the following preferred stocks if comparable securities yield 6 percent? Use Appendix B and Appendix D to answer the questions. Round your answers to the nearest cent. MN, Inc., $10 preferred ($120 par) $ CH, Inc., $10 preferred ($120 par) with mandatory retirement after 12 years $ What should be the prices of the following preferred stocks if comparable securities yield 12 percent? Round your answers to the nearest cent. MN, Inc., $10 preferred ($120 par) $ CH, Inc., $10 preferred ($120 par) with mandatory retirement after 12 years $ In which case did the price of the stock change? As with the valuation of bonds, an increase in interest rates causes the value of preferred stock to -Select- In which case was the price more volatile? While the prices of both preferred stocks -Select- the price of the -Select- was more volatile