Please see the attachment.
The preferred stock has a call price of $103 per share plus dividends in arrears. Only one year of dividends are in arrears. Calculate the book value per (1) preferred share, and (2) common share.© BrainMass Inc. brainmass.com June 4, 2020, 1:14 am ad1c9bdddf
Book Value of preferred share = (Call Price of preferred stock + Dividends in arrears)/Total number of preferred shares
Number of preferred shares = 5,000
This posting helps calculate book value.