ABC company is an unlevered firm with an excess cash of $50 million. The company has outstanding shares of 10 million and has 8 percent cost of capital. It is expected that the company would generate annual stream of cash flows of worth $40 in following years. These cash flows are expected to be paid as regular dividends. The board of the company is deciding whether to use the current excess cash for share repurchase or as a special dividend What is the ex dividend price of the company if it uses the excess cash for special dividends? Select one: O $100 O $40 $60 $50