Score: 0 of 1 pt of 80 cm HW Score: 0%, 0 of P7-5 (similar to) IE Preferred stock valuation TXS Manufacturing has an outstanding preferred socks with a part of $64 per share. The preferred sharpay dividends annual rate of a. What is the annual dividend on TXS preferred stock b. l investors require a return of 5on 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 beleve that it will start paying dividends again in your What is the value of TX pred odka cumulative and it investors require ain) 5% rate of return