Please find attached question as it relates to 2014 pepsico annual statement

The following questions relate to above Note 12 (p. 109) from pepsico 2014 annual report PepsiCo states that 3 million shares of convertible preferred shares are authorized. a) If all preferred shares were originally issued at one time, what was the market price at the time of issuance? b) The note also states that the outstanding preferred shares have a fair value of $70 million on December 29, 2014. What is the market value per outstanding preferred share on December 29, 2014