Preferred stock valuation TXS Manufacturing has an outstanding preferred stock issue with a par value of $61 per sha a. What is the annual dividend on TXS preferred stock? b. If investors require a return of 7% on this stock and the next dividend is payable one year from now, what is the price c. Suppose that TXS has not paid dividends on its preferred shares in the past two years, but investors believe that it will a(n) 7% rate of return? a. The annual dividend on TXS preferred stock is $ (Round to the nearest cent.) b. The price of TXS preferred stock is $ . (Round to the nearest cent.) .. The price of TXS preferred stock is $). (Round to the nearest cent.) wing preferred stock issue with a par value of $61 per share. The preferred shares pay dividends annually at a rate of 12% dividend is payable one year from now, what is the price of TXS preferred stock? mares in the past two years, but investors believe that it will start paying dividends again in one year. What is the value of TXS preferred stock if it is cumulative and if investors require and to the nearest cent.) marest cent) carest cent.) Preferred stock valuation TXS Manufacturing has an outstane a. What is the annual dividend on TXS preferred stock? b. If investors require a return of 7% on this stock and the next c. Suppose that TXS has not paid dividends on its preferred sha a(n) 7% rate of return? a. The annual dividend on TXS preferred stock is $| (Round b. The price of TXS preferred stock is $ (Round to the neare c. The price of TXS preferred stock is $. (Round to the neares cturing has an outstanding preferred stock issue with a par value of $61 per share. preferred stock? this stock and the next dividend is payable one year from now, what is the price of Bends on its preferred shares in the past two years, but investors believe that it will st Ted stock is $ (Round to the nearest cent.) s $ (Round to the nearest cent.) is $ (Round to the nearest cent.) ith a par value of $61 per share. The preferred shares pay dividends annually at a rate of 12%. ar from now, what is the price of TXS preferred stock? but investors believe that it will start paying dividends again in one year. What is the value of TXS preferred stock if it is cumulative and if investors require