EBay has recently announced its first ever dividend payment. Please answer the following using the yearly financial statements of EBay. 1. 2. 3. 4. Draw two graphs to show the amount spent on repurchasing and the percentage change in the amount spent on repurchasing from 2011 to 2018. What can you comment from these graphs? What might be the reason for not spending any amount on share repurchases in 2008? Was this a good decision? Calculate the stock return for the 5-day period (between Jan 29 and Feb 05) following the announcement of dividend initiation. Does this price movement following the announcement of dividend initiation conform to any theories? EBay has recently announced its first ever dividend payment. Please answer the following using the yearly financial statements of EBay. 1. 2. 3. 4. Draw two graphs to show the amount spent on repurchasing and the percentage change in the amount spent on repurchasing from 2011 to 2018. What can you comment from these graphs? What might be the reason for not spending any amount on share repurchases in 2008? Was this a good decision? Calculate the stock return for the 5-day period (between Jan 29 and Feb 05) following the announcement of dividend initiation. Does this price movement following the announcement of dividend initiation conform to any theories