What should be the prices of the following preferred stocks if comparable securities yield 7 percent? Use Appendix B and Appendix D to answer the questions. Round your answers to the nearest cent. a. MN, Inc., $6 preferred ($80 par) b. CH, Inc., $6 preferred ($80 par) with mandatory retirement after 10 years $What should be the prices of the following preferred stocks if comparable securities yield 8 percent? Use Appendix B and Appendix D to answer the questions. Round your answers to the nearest cent. MN, Inc., $12 preferred ($90 par) $ CH, Inc., $12 preferred ($90 par) with mandatory retirement after 9 years $ What should be the prices of the following preferred stocks if comparable securities yield 10 percent? Round your answers to the nearest cent. MN, Inc., $12 preferred ($90 par) $ CH, Inc., $12 preferred ($90 par) with mandatory retirement after 9 years $ In which case did the price ofthe stock change? As with the valuation of bonds, an increase in interest rates causes the value of preferred stock to -Select- v . In which case was the price more volatile? While the prices of both preferred stocks -Selei:l:- v , the price of the -Select- v was more volatile