need some help

Intro Qinglin Corp. is expected to pay an annual cash dividend of $8 per share in perpetuity, with the next dividend expected one year from now. It has 400,000 shares outstanding. Investors demand a rate of return of 9%. Attempt 1/10 for 10 pts. Part 1 At what price is Qinglin Corp.'s stock selling? 0+ decimals Submit Attempt 1/10 for 10 pts. Part 2 What is the market value of equity? 0+ decimals Submit Attempt 1/10 for 10 pts. Part 3 What is the annual value of the dividend payout? 0+ decimals Submit Part 4 Attempt 1/10 for 10 pts. Mr. Shu Qinglin decides to raise next year's dividend payout to $4,160,000, while keeping company's investments and borrowings constant. After next year, the company will go back to its policy of paying out $3,200,000 per year. The company will pay for the extra dividend payout by issuing new shares at the current market value now. What amount of new equity capital is needed? 0+ decimals Submit Part 5 Attempt 1/10 for 10 pts. What would be the present value of total dividends paid to the new shareholders? 0+ decimals Submit