Hewlard Pocket's market value balance sheets illustrate the effects of dividends versus repurchases. Liabilities and Shareholders' Assets Equity A. Original balance sheet Cash $ 150,000 Debt 0 Other assets 950,000 Equity 1,100,000 Value of firm $1,100,000 Value of firm $1,100,000 Shares outstanding = 100,000 Price per share = $1,100,000 / 100,000 = $11 Pocket needs to hold on to $64,000 of cash for a future investment. Nevertheless it decides to pay a cash dividend of $2.70 per share, and to replace cash, as needed, with a new issue of shares. After the dividend is paid and the new stock is issued: a. What will be the price per share? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Price per share b. What will be the total value of the company? Total value c. What will be the total value of the stock held by new Investors? (Do not round Intermediate calculations. Round your answer to the nearest whole dollar amount.) Total value d. What will be the wealth of the existing investors including the dividend payment? (Do not round Intermediate calculations. Round your answer to the nearest whole dollar amount.) Existing shareholder wealth