Clovix Corporation has $53.76 million in cash, 9.6 million shares outstanding, and a current share price of $26. Clovix is deciding whether to use the $53.76 million to pay an immediate special dividend of $5.60 per share, or to retain and invest it at the risk-free rate of 10% and use the $5.38 million in interest earned increase its regular annual dividend of $0.56 per share. Assume perfect capital markets. a. Suppose Clovix pays the special dividend. How can a shareholder who would prefer an increase in the regular dividend create it on her own? b. Suppose Clovix increases its regular dividend. How can a shareholder who would prefer the special dividend create it on her own? a a. Suppose Clovix pays the special dividend. How can a shareholder who would prefer an increase in the regular dividend create it on her own? (Select the best choice below.) O A. Borrow $5.60 today and use the increase in the regular dividend to pay the interest of 50.56 per year on the loan. O B. Borrow $26 today and use it to buy a share of Clovix stock. OC. Invest the $5.60 special dividend and earn interest of $0.56 per year. OD. Sell a share of Clovix stock for $26 today and invest the proceeds to earn $2.60 in interest. Clovix Corporation has $53.76 million in cash, 9.6 million shares outstanding, and a current share price of $26. Clovix is deciding whether to use the $53.76 million to pay an immediate special dividend of $5.60 per share, or to retain and invest it at the risk-free rate of 10% and use the $5.38 million in interest earned increase its regular annual dividend of $0.56 per share. Assume perfect capital markets. a. Suppose Clovix pays the special dividend. How can a shareholder who would prefer an increase in the regular dividend create it on her own? b. Suppose Clovix increases its regular dividend. How can a shareholder who would prefer the special dividend create it on her own? a a. Suppose Clovix pays the special dividend. How can a shareholder who would prefer an increase in the regular dividend create it on her own? (Select the best choice below.) O A. Borrow $5.60 today and use the increase in the regular dividend to pay the interest of 50.56 per year on the loan. O B. Borrow $26 today and use it to buy a share of Clovix stock. OC. Invest the $5.60 special dividend and earn interest of $0.56 per year. OD. Sell a share of Clovix stock for $26 today and invest the proceeds to earn $2.60 in interest