(Preferred stock valuation) You are considering an investment in one of two preferred stocks, TCF Capital or TAYC Capital Trust. TCF Capital pays an annual dividend of $4.54, while TAYC Capital pays an annual dividend of $4.29. If your required return is 11 percent, what value would you assign to the stocks? The value of the TCF Capital preferred stock is $ per share. (Round to the nearest cent.) The value of the TAYC Capital preferred stock is $ per share. (Round to the nearest cent.)