(0) Below you are given the annual equity pay out of Luck Corp over 2014-2018. The cost of equity for Luck Corp. is 25%. The company has 10 million shares outstanding in 2018. Use the Excel file Individual_HW3_template.xlsx to finish below questions. 2014 2015 2016 2017 2018 Share Repurchases 1,440,000 2,410,000 3,500,000 6,820,000 4,830,000 Dividends 3,950,000 3,997,000 4,238,000 4,875,000 5,100,000 (1).(3). Compute the compounded annual growth rate of total cash paid to equity holders over this period. (2 points. Hint: Use the first and last year.) (4). Assume the future growth rate is constant and equal to the growth rate you have calculated in question 3. Assume today is the end of year 2018. Use the Gordon Growth Model