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Below you are given the annual equity pay out of Luck Corp over 2016-2020. The cost of equity for Luck Corp. is 25%. The company

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Below you are given the annual equity pay out of Luck Corp over 2016-2020. The cost of equity for Luck Corp. is 25%. The company has 10 million shares outstanding. ) (1). Compute total cash paid to equity holders in each year. ( 2 points. Hint: Share repurchase is an alternative way of paying cash to shareholders. Total cash paid to equity holders = dividends + share repurchases.) (2). Draw a line chart (not a scatter chart) which includes three series of data, namely: Share Repurchases, Dividends, and Total Cash Paid to Shareholders. Make the title of the chart "Luck Corp - Payouts to Shareholders". (2 points. This chart should have three lines.) (3). Compute the compound annual growth rate of total cash paid to equity holders over this period. ( 3 points.) (4). Assume the future growth rate of total cash paid to equity holders is constant and equal to the growth rate you have calculated in question 3. Assume today is the end of year 2021. Use the Gordon Growth Model to find the present value of total equity. ( 2 points.) (5). Find the price per share of Luck's equity. (1 point. Hint: Price per Share = Value of Total Equity / Number of Shares Outstanding.)

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