Preferred stock valuation TXS Manufacturing has an outstanding preferred stock issue with a par value of $86 per share. The preferred shares pay dividends annually a. What is the annual dividend on TXS preferred stock? b. If investors require a return of 6% on this stock and the next dividend is payable one year from now, what is the price of TXS preferred stock? c. Suppose that TXS has not paid dividends on its preferred shares in the past two years, but investors believe that it will start paying dividends again in one year. What i investors require an) 6% rate of retum? GERE a. The annual dividend on TXS preferred stock is (Round to the nearest cent) on TXS prelundstock? Manufacturing her an outstanding proferred stock inte with a per value of $85 per share. The prelertret shares pay dividends annually at a rate of 12% of ex on this stock and the next dividend is payable one year from now, what is the price of TXS preferred stock? paid dicends on its produrred stars in the past two years, but in stores below that will start paying dividenda again in one year. What is the most of Spreamed aboo Pin cumulative and of return Spoleme stocks Pound to the west cort) View an example Get more help Check