Gorilla, Inc., has recently launched a ramen$/$sushi fusion dish that has received an overwhelmingly positive reaction from the market. In response to this success, the company is reinvesting all of its earnings to fuel further expansion. This past year, the earnings per share stood at $$10,$ and these are anticipated to increase by $20\%$ annually over the next five years. However, by the end of the fifth year, it's expected that competitors will introduce similar products. Consequently, analysts forecast that Gorilla will then reduce its reinvestment rate and start distributing $60\%$ of its earnings as dividends. Additionally, from that point onwards, the company's growth rate is projected to decelerate to a stable $3\%$ per annum. If Gorilla's equity cost of capital is $8\%,$ what is the value of a share today?

Please refer to the textbook pp$\mathrm{.}210-211$ and supplements in the lecture slides.

Complete the table below. You can use an Excel spreadsheet and then copy and paste the sheet. Additionally, please provide detailed explanations beneath the table on how to determine the values in each cell, using either equations or descriptive methods.

$\backslash$table$[[$Year$,0,1,2,3,4,5,6,7,8],[$EPS growth rate,,,,,,,,,$],[$EPS$,,,,,,,,,],[$Dividend payout ratio,,,,,,,,,$],[$Dividends$,,,,,,,,,],[\backslash$table$[[$Expected CF of$],[$Investor$]],,,,,,,,,],[$Equity cost of capital,,,,,,,,,$],[$Value of share,,,,,,,,,$]]$