Please use the following information for the next 9 questions. An analyst presents James with the following proforma (in millions of dollars) that gives her forecast of earnings and dividends for 2020-2022. The required equity return is 15%. The book value of the common equity at the end of 2019 was $2.000 million, and the number of shares outstanding was 200 million shares. 2020E 2021E 2022E Earnings Dividends 500.000 340.000 540.000 376.200 583.200 396.576 Question 5 (4 points) 1. What is the book value in 2021 (in millions of dollars)? $2.292.80 $2.700.00 $3.06720 $2,332.80 Question 6 (4 points) What is the return on common equity (ROCE) in 2022? 23.15% 25.00% 22.00% 18.23% Question / (4 points) What is the residual earnings in 2022 (in millions of dollars)? $229.28 $270.00 $306.72 $233.28 Question 8 (4 points) Supposing that the residual earnings will grow at a constant rate of 8% after 2021 (i.e., starting from 2022) into the foreseeable future, what is the continuing value at the end of 2021 (in millions of dollars)? $4,381.7143 $3,857.1429 $3,275.4286 $3,332.5714 Question 9 (4 points) What is the cum-dividend earnings in 2021 (in millions of dollars)? $591.00 $595.08 $567.20 $540,00 Please use the following information for the next 9 questions. An analyst presents James with the following proforma (in millions of dollars) that gives her forecast of earnings and dividends for 2020-2022. The required equity return is 15%. The book value of the common equity at the end of 2019 was $2.000 million, and the number of shares outstanding was 200 million shares. 2020E 2021E 2022E Earnings Dividends 500.000 340.000 540.000 376.200 583.200 396.576 Question 5 (4 points) 1. What is the book value in 2021 (in millions of dollars)? $2.292.80 $2.700.00 $3.06720 $2,332.80 Question 6 (4 points) What is the return on common equity (ROCE) in 2022? 23.15% 25.00% 22.00% 18.23% Question / (4 points) What is the residual earnings in 2022 (in millions of dollars)? $229.28 $270.00 $306.72 $233.28 Question 8 (4 points) Supposing that the residual earnings will grow at a constant rate of 8% after 2021 (i.e., starting from 2022) into the foreseeable future, what is the continuing value at the end of 2021 (in millions of dollars)? $4,381.7143 $3,857.1429 $3,275.4286 $3,332.5714 Question 9 (4 points) What is the cum-dividend earnings in 2021 (in millions of dollars)? $591.00 $595.08 $567.20 $540,00