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The HNH Corporation will pay a constant dividend of $2.00 per share, per year, in perpetuity. Assume all investors pay a 20% tax on dividends and that there is no capial gains tax. Suppose the other investments with equivalent risk to HNH stock offer an after-tax retum of 11% a. What is the price of a share of HNH stock? b. Assume that management makes a surprise announcement that HNH will no longor pay dividends but will use the cash to repurchase stock instead What is the price of a share of HNH stock now? a. What is the price of a share of HNH stock? The price iss per share (Round to the nearest cent)