X-Tech issued preferred shares many years ago. They carry a fixed dividend of $9 per share With the passage of time, yield soared from the original 13 percent to 17 percent (yield is the same as required rate of return) a. What was the original issue price? (Round the final answer to 2 decimal places.) Original price of preferred share b. What is the current value of a X-Tech preferred share? (Round the final onswer to 2 decimal ploces.) Current price of preferred share 5 c. If the yield on the Preferred Stock Index declines, how will the price of these preferred shares be affected? The price of preferred stock will increase The price of preferred stock will decrease