Payitout Ltd has, $45 million in cash. It has assets with a market value of $435 million (including the cash) debt of $180 million and 32 million shares outstanding. Assume perfect capital markets and that Payitout is about to go ex-dividend. 1. What is Payitout's current stock price cum-dividend? $ (Enter to 2 decimal places) 2. If Payitout distributes $45 million as a dividend, what will its ex-dividend share price after the dividend is paid? $ (Enter to 2 decimal places) Instead, Payitout distributes the $45 million as a share repurchase. 3. How many shares will be outstanding after the repurchase? million (Enter to 2 decimal places) 4. What will its share price be once the share repurchase is complete? (Enter to 2 decimal places)