Washington Mutual Preferred fka WAMPQ

[wpwpoet]

that was the equation I was trying to figure ... what would be the value of each for a conversion ie:

common = 10 P = 1000
or common .05 P = 10 this is too great of a number
but then waht about H and K
to follow this P = 100/1 H = 5/1 and then K = 2.5/1
it seem obvious to say that prefferds will have greater value but how much compared to commons to offer a respectable conversion