KMS Corporation has assets with a market value of $438 million, $35 million of which are cash. It has debt of $285 million, and 10 million shares outstanding. Assume perfect capital markets.

A). What is its current stock price?

KMS Corporation's current stock price is $______per share. (Round to the nearest cent.)

B). If KMS distributes $35 million as a dividend, KMS Corporation's share price after the dividend is paid will be $______per share. (Round to the nearest cent.)

C). If instead, KMS distributes $35 million as a share repurchase, KMS Corporation's share price after the shares are repurchased will be $_____per share. (Round to the nearest cent.)

D). What will its new market debt-equity ratio be after either transaction? After either transaction, the debt-to-equity ratio is_____(Round to two decimal places.)