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Please help with B, C, D KMS Corporation has assets with a market value of $588 million, $33 million of which are cash. It has

Please help with B, C, D

KMS Corporation has assets with a market value of $588 million, $33 million of which are cash. It has debt of $212 million, and 14 million shares outstanding. Assume perfect capital markets.

a. What is its current stockprice? $26.86-this is the answer for A.

b. If KMS distributes $33 million as adividend, what will its share price be after the dividend ispaid?

c. Ifinstead, KMS distributes $33 million as a sharerepurchase, what will its share price be once the shares arerepurchased?

d. What will its new marketdebt-equity ratio be after eithertransaction?

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