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 4.8 percent, $31.00 par value, perpetual, non-convertible, non-callable preferred shares outstanding. The required rate of return on similar issues is 4.92 percent. (Enter your answer as a number rounded to two decimal places, like this: 12.34)