Does someone know how to do these?

Please highlight answers thx Will rate thumb up for good response

thanks so much!

3. VTS Corp. issued $100 par value non-cumulative perferred stock in 2021. The dividend rate is 6%. You do not expect the company to declare any dividends for five (5) years, that is, unti 2026. You anticipate that the firm will pay the first preferred dividend in 2027 and that it w continue to pay the preferred dividend every year from that point on. You estimate that the required rate of return on VTS preferred is 8%. Estimate the present (2021) price of the preferred sock. $