Newcastle Autos plc has a current period cash flow of 4.2 million and pays no dividends. The present value of the company's future cash flows is 72 million. The company is entirely financed with equity and has 1 million shares outstanding. Assume the dividend tax rate is zero. (a) What is the share price of Newcastle Autos' equity? (b) Suppose the board of directors of Newcastle Autos announces its plan to pay out 40 per cent of its current cash flow as cash dividends to its shareholders. How could you achieve a zero payout policy on your own, if you own 1,000 shares of Newcastle Autos equity