The cost of equity for Luck Corp. is 25%. The company has 10 million shares outstanding.

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.)

. 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. (3 points. This chart should have three lines.)

\begin{tabular}{|lrrr|r|r|r|} \hline & A & B & C & \multicolumn{1}{c|}{ D } & \multicolumn{1}{c|}{ E } \\ \hline & LUCK CORPORATION-EQUITY PAYOUT & & \\ \hline YEAR & & 2016 & 2017 & 2018 & 2019 & \\ \hline Share Repurchases & & 1,440,000 & 2,410,000 & 3,500,000 & 4,830,000 & 6,820,000 \\ \hline Dividends & 3,950,000 & 3,997,000 & 4,238,000 & 5,100,000 & 4,875,000 \\ \hline \end{tabular} Total cash paid to equity holders Formulatext Formulatext Compound annual growth rate, 2016-2020 Luck's cost of equity, f0 25.00% Valuation at the end of 2020 Value of total equity Number of shares outstanding 10,000,000 Value per share