Milton Industries is an all-equity firm with 500 million shares outstanding. They have $300 million in cash and expects future free cash flows of $85 million per year. The firm's management plan to use the cash to expand the firm's operations, which will in turn increase future free cash flows by 12%. i. How would the decision to use the cash for expansion affect the firm's stock price? ii. How would the decision to use the cash for repurchasing stock affect the firm's stock price? iii. As a shareholder of Milton Industries, which decision do you prefer? Briefly explain your