Stock Valuation Assignment | Professional Writing

Preferred stock valuation S Manufacturing has an outstanding preferred stock issue with a par value of 585 per share. The preferred shares pay dividends annually at a rate of 12 a. What is the annual dividend on TXS preferred stock? b. If investors require a return of 8% 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 will start paying dividends again in one year. What is the value of TXS preferred stockis cumulative and investors require ain) 8% rate of retur? a. The annual dividend on TXS preferred stock is (Round to the nearest cont) b. The price of TXS preferred stock is $ c. The price of TXS preferred stockis (Round to the nearest cont) Round to the nearest cent)

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