A firm has a debt$-$to$-$equity ratio of $3/2$ and $1,000,000$ shares outstanding. It is considering an investment project that costs $$1,000,000$ and has NPV $=201,983.$ If NI $=$ $$1,106,792$ what is the dividend per share if the firm uses a residual dividend policy?

a$.$

$$0\mathrm{.}600$

b$.$

$$0\mathrm{.}400$

c$.$

$$0\mathrm{.}202$

d$.$

$$0\mathrm{.}707$

e$.$

$$1\mathrm{.}107$