Question: can you answer this question for me please ? Compute the intrinsic value of a preferred share given the following information: A Canadian life insurance

can you answer this question for me please ?

Compute the intrinsic value of a preferred share given the following information: A Canadian life insurance company has an issue of 4.6 percent, $34.00 par value, perpetual, non-convertible, non-callable preferred shares outstanding. The required rate of return on similar issues is 4.19 percent. (Enter your answer as a number rounded to two decimal places, like this: 12.34) ?

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