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You are considering investing in preferred stock. You have selected 3 different stocks to consider. The quote is given below: Name Symbol Open High Low

You are considering investing in preferred stock. You have selected 3 different stocks to consider. The quote is given below:

Name

Symbol

Open

High

Low

Close

Net Chg

% Chg

Volume

YTD % Chg

Alabama Power 5.2% pfd.

ALPX

25.71

25.77

25.66

25.66

-0.05

-0.18

6,085

-1.74

Pacific Gas&Electric 5% pfd.

PCGC

25.55

25.55

25.55

25.55

0.23

0.91

160

1.75

San Diego Gas&Electric 4.5% pfd.

SDOB

23.75

23.75

23.25

23.25

-1

-4.12

400

10.71

The par value for the Pacific Gas & Electric preferred stock is $25 per share. What is the dividend yield on this stock?

5.07%

4.89%

3.87%

4.73%

5.87%

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