a. What is the ex-dividend price of a share in a perfect capital market? c. In a perfect capital market, which policy in part (a) or (b) makes investors in the firm better off? a. What is the ex-dividend price of a share in a perfect capital market? The ex-dividend price is 9 on a per share basis. (Round to the nearest cent.) b. If the board instead decided to use the cash to do a one-time share repurchase, in a perfect capital market, what is the price of the shares once the repurchase is complete? The price of the shares once the repurchase is complete is $12 per share. (Round to the nearest cent.) c. In a perfect capital market, which policy in part (a) or (b) makes investors in the firm better off? (Select the best choice below.) A. Investors are better off with policy in part (a). B. Investors are better off with policy in part (b). C. Investors are indifferent to either policy