need help with all, thank you

2. You own a perpetual preferred stock issued by Morgan Stanley. If the MS preferred pays a dividend of $1.10 per year and today's market rate for this preferred is 3.5% per year, what is its estimated current market price? 3. If the dividend of the preferred stock described in Q #2 is scheduled to increase 1.0 % per year, what is its estimated current market price? 4. You won the New York Get Rich Quick Lottery, and you must decide if A) You take the lump sum of $25 million now or B) a payment of $2,000,000 per year for 20 years. a. If you can reliably earn 3 % per year, which option is better? b. If you can reliably earn 6 % per year, which option is better? interest only; but an EAR includes interest. 5. An APR reflects