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KMS Corporation has assets with a market value of $545 million $44 milion of which are cash. It has debt of $255 million, and 17

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KMS Corporation has assets with a market value of $545 million $44 milion of which are cash. It has debt of $255 million, and 17 million shares outstanding. Assume perfect capital markets a. What is its current stock price? b. If KMS distributes $44 million as a dividend, what will its share price be after the dividend is paid? c. If instead, KMS distributes 544 million as a share repurchase, what will its share price be once the shares are repurchased? d. What will its new market debl-equity ratio be after either transaction? a. What is its current stock price? KMS Corporation's current stock price is $530.00 per share. (Round to the nearest cent) b. If KMS distributes $44 million as a dividend, what will its share price be after the dividend is paid? 11 KMS distributes 544 million as a dividend, KMS Corporation's share price after the dividend is paid will be $ 8.30 per share. (Round to the nearest cent) C. Instead, KMS distributes $44 million as a share repurchase, what will its share price be once the shares are repurchased? I instead, KMS distributes 544 million as a share repurchase, KMS Corporation's share price after the shares are repurchased will be $28.28 per share (Round to the nearest cent) d. What will its new market debt equity ratio be after etter transaction? After either transaction, the debt-to-equity ratio is 1.04 (Round to two decimal places.) SAN Enter your answer in each of the answer boxes Save for Later

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