Company B has a current period cash flow of $5\mathrm{.}5$ billion Won and pays no dividends. The present value of the company's future cash flows is $110$ billion Won. The company is entirely financed with equity and has $1$ million shares outstanding. There is no dividend tax. $(20)$

A$.$ What is the share price of the firm?

B$.$ Suppose the board of directors of the firm announces its plan to pay out $60$ per cent of its current cash flow as cash dividends to its share$-$holders. Demonstrate how you could achieve a zero payout $($no dividend$)$ policy on your own, if you own $1,000$ shares of the firm's equity. $($Hint: consider how many additional shares you could buy with your dividend income.$)$