HH Corporation has $30 million of excess cash. The firm has no debt and has 12 million shares outstanding with a current market price of $33 per share. HHs board has decided to pay out this cash as a one-time dividend. What is the ex-dividend price of a share in a perfect capital market? O A. $35.50 B. $30.50 OC. $33 O D. none of the other choices is correct If the board instead decided to use the cash to do a one-time share repurchase, in a perfect capital market, what is the price of the shares once the repurchase is complete? A. $35.50 B. $33 O C. none of the other choices is correct O D. $30.50 Suppose that the firm now in addition to the $30 million in excess cash, the firm also has $30 million in debt. As in the first problem, the firm decides ti pay out its cash as a one time dividend. What would be the ex-dividend price of a share in a perfect capital market? O A. $35.50 OB. $33 OC. $30.50 O D. none of the other choices is correct