10. Preferred stock of STU Corporation pays an annual dividend at the rate of 5.25% per share STU Corporation's preferred shares are issued at a S25 par value per share, and comparable yields are at 7.50%, what should the current price be of the preferred stock? Would you buy this preferred stock if it is actually trading at S19.375 per share? Why or why not? (Please show your work to receive credit for this problem)