Les Copeque Bhd is a young and have high growth opportunity. Currently, the company has 100,000 share outstanding, cash is RM150,000 and the stock price is RM11.00. To expand, the company have to hold on the RM50,000 of cash for its future investment. However, the board of director Les Copeque Bhd decides to pay a cash dividend RM2.50 per share and to replace the cash with a new issue of shares. After the dividend is paid and the new share is issued: What is the price per share? Compute the total value of Les Copeque Bhd. Calculate the total value of the share held by new investors. What will be the wealth of existing investors including the dividend payments? (2 markah/mark