North Pole Cruise Lines issued preferred stock many years ago. It carries a fixed dividend of $9 per share. With the passage of time, yields have changed from the original 8 percent to 5 percent (yleld is the same as required rate of retum). a. What was the original issue price? Note: Do not round intermediate calculations. Round your answer to 2 decimal places. b. What is the current value of this preferred stock? Note: Do not round intermediate calculations. Round your answer to 2 decimal places