Please see attached document. Also please show all work. All questions listed on attached document.
1.Great Plains Energy is a public utility holding company that listed its 4.5 percent cumulative perpetual preferred stock series E on the NYSE Euronext in March 1952 ( Ticker: GXPPrE). The par value of the preferred stock is $ 100. If the required rate of return on this stock is 5.6 percent, estimate the value of the stock.