Please show work and separately please explain the reason for your recommendation.

21. A company needs to decide on the amount of its dividend for this quarter. The company is profitable, has 100,000,000 shares outstanding a stock price of $100/share and paid a constant dividend of $.50 share quarter for the past 10 years. They just, unexpectedly, won a lawsuit and were awarded $500,000,000. They have identified the following options: 1. Announce that they are going to repurchase $500,000,000 of their common stock II. Pay the S.50/share dividend again his quarter III. Pay a dividend of $5.50/share this quarter IV. Split the stock 5:1 What would you recommend? A. I B. I,II C. I, II, III D. All the above E. None of the above