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(Preferred stock expected rotum) You are planning to purchase 150 shares of preferred stock and must choose between stock in the Jackson Corporation and stock in the Fields Corporation. Your required rate of return is 16.03 percent. If the stock in Jackson pays a dividend of $3.00 and is selling for $18 and the stock in Fields pays a dividend of 54.00 and is selling for $26, which look should you choose? What is the expected return of stock in Jackson Corporation? % (Round to two decimal places.) What is the expected return of stock in Fields Corporation? % (Round to two decimal places) If your required retum is 16.03 percent, you should choose stock in (Select from the drop-down menu) Jackson None Fields (Preferred stock expected return) You are planning to purchase 150 shares of preferred stock and must choose return is 16.03 percent. If the stock in Jackson pays a dividend of $3.00 and is selling for $18 and the stock in F What is the expected return of stock in Jackson Corporation? % (Round to two decimal places.) What is the expected return of stock in Fields Corporation? % (Round to two decimal places.) If your required return is 16.03 percent, you should choose stock in (Select from the drop-down me Jackson None Fields choose between stock in the Jackson Corporation and stock in the Fields Corporation. Your required rate of ock in Fields pays a dividend of $4.00 and is selling for $26, which stock should you choose

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