Please answer C & D

Consolidated Pasta is currently expected to pay annual dividends of $10 a share in perpetuity on the 2.5 million shares that are outstanding. Shareholders require a 10% rate of return from Consolidated stock. a. What is the price of Consolidated stock? (Do not round intermediate calculations.) Answer is complete and correct. Stock price $ 100 b. What is the total market value of its equity? (Enter your answer in millions.) Answer is complete and correct. Market value of $ 250 million equity Consolidated now decides to increase next year's dividend to $20 a share, without changing its investment or borrowing plans. Thereafter the company will revert to its policy of distributing $10 million a year. c. How much new equity capital will the company need to raise to finance the extra dividend payment? (Enter your answer in millions.) Answer is complete but not entirely New equity $ 45,450 million d. What will be the total present value of dividends paid each year on the new shares that the company will need to issue? (Enter your answer in millions.) Answer is complete but not Present $ value 384,615 million e. What will be the transfer of value from the old shareholders to the new shareholders? (Enter your answer in millions.) Answer is complete and correct. Transfer of value 25 million