Home 1 Stukent Library 17 6 Help S Hewlard Pocket's market value balance sheets illustrate the effects of dividends versus repurcheses Liabilitias and Sharebol Equity 150,000 Debt 959,000 Eqaity Value of fim1.100.000 value of tim Price per share $1,100,000/100,050-$31 $1,1 1,100,000 Pocket wins a lawsult and is pald $160.000 in cash. The market value of the equity rises by that amount, and Pocket $2.60 per share. comes as a cash dividend? (Do not round intermediate calculations, Round your a. What will be Pocket's stock price if the payout answer to 2 decimal places. price comes as a share repurchase? (Do not round intermediate calculations. Round your b. What will be Pocket's stock price i answer to 2 declmal places.) If the payout per share