business multi-part question and need the explanation and answer to help me learn.

I want clear answers with 5 references
Requirements: moer explen
Kingdom of Saudi ArabiaMinistry of EducationSaudi Electronic Universityةيدوعسلا ةيبرعلا ةكلمملاميلعتلا ةرازوةينورتكللإا ةيدوعسلا ةعماجلا College of Administrative and Financial SciencesAssignment 2 Corporate Finance (FIN-201)Due Date: 28/10/2023 @ 23:59Course Name: Corporate FinanceStudent’s Name:Course Code: FIN-201Student’s ID Number: Semester: First CRN: 10469Academic Year: 2023/24For Instructor’s Use onlyInstructor’s Name: Dr. Samreen AkhtarStudents’ Grade: /Out of 10Level of Marks: High/Middle/LowGeneral Instructions – PLEASE READ THEM CAREFULLY The Assignment must be submitted on Blackboard (WORD format only) via allocated folder.Assignments submitted through email will not be accepted.Students are advised to make their work clear and well presented, marks may be reduced for poor presentation. This includes filling your information on the cover page.Students must mention question number clearly in their answer.Late submission will NOT be accepted.Avoid plagiarism, the work should be in your own words, copying from students or other resources without proper referencing will result in ZERO marks. No exceptions. All answered must be typed using Times New Roman (size 12, double-spaced) font. No pictures containing text will be accepted and will be considered plagiarism).Submissions without this cover page will NOT be accepted.
Answer the following questions:Q1. What are the different ways available for the corporations to distribute income among the shareholders? Suppose a firm promises to pay dividends of $200,000 every year in perpetuity with 200,000 shares outstanding. Assume a discount rate of 11.1%. What is the present value of one of the firm’s shares?(2 marks) Q2. What is Stock repurchase? Explain the four ways to implement stock repurchase. (3 marks)Q3. Calculate the rate at which a firm can grow without changing its leverage if its payout ratio is 30%; equity outstanding at the beginning of the year is $9,500,000; and its net income for the year is $2,000,000.(2 marks)Q4. What do you mean by Long term financial planning? Take an example and explain the sales percentage model of financial planning. (3 marks)Answers: