The preferred stock of Dallas Platinum Exchange has a par value of $54 and pays a 89 dividend rate per year. You calculated a beta of 082 for the stock. The risk-free rate is 3.99% and the market return is 9.2. Assuming that CAPM holds, what is the intrinsic value of this preferred stock? DO NOT ENTER THE 5 SIGN. ALSO, ENTER YOUR ANSWER AS A POSITIVE NUMBER SET YOUR CALCULATOR TO 4 DECIMAL PLACES AND ROUND TO TWO DECIMAL PLACES AT THE END, L, IF YOUR ANSWER IS 33.4348 ENTER IT AS 33.48 ONLY