Hewlard Pocket's market value balance sheet is given. Shares outstanding =100,000 Price per share =$1,100,000/100,000=$11 Pocket wins a lawsuit and is paid $250,000 in cash. The market value of the equity rises by that amount, and Pocket decides to make a one-off payout of $1.70 per share. a. What will be Pocket's stock price after the payout if the payout comes as a cash dividend? b. What will be Pocket's stock price after the payout if the payout comes as a share repurchase? Note: For all requirements, do not round intermediate calculations. Round your answers to 2 decimal places