QUESTION 1 Omicron Technologies has $50 million in excess cash and no debt. The firm expects to generate additional free cash flows of $40 million per year in subsequent years and will pay out these future free cash flows as regular dividends. Omicron's unlevered cost of capital is 10% and there are 10 million shares outstanding. Omicron's board is meeting to decide whether to pay out its $50 million in excess cash as a special dividend or to use it to repurchase shares of the firm's stock. Compute Omicron's share price after: 1. Omicron pays the $50 million excess cash as special dividend. 2. Omicron uses the $50 million excess cash instead to repurchase shares