Question 7 of8 - /1 E View Policies Cu rrent Attempt in Progress Sunland Mechanical Ltd.'s preferred shares have a par value of $50, a dividend rate of 7.2 percent, and trade at a price of $60. Coronado |nc.'s preferred shares have a par value of $60, have a dividend rate of 4.8 percent, and trade at a price of $45. Which company's preferred stock is riskier? (Round answers to 2 decimal places, e.g. 5.17%.) Required rate of return Sunland Mechanical Ltd. % Coronado Inc. % c is the riskier preferred stock. Save for Later Attempts: 0 of 3 used Using multiple attempts will impact your score. 25% score reduction after attempt 1