Question 2) ABC Corp.currently has $14 million in excess cash that it plans on returning to its shareholders through a dividend payment.ABC's current share price is $22.1and it has 30.7million shares outstanding.In addition,the market value of the company's debtis$12million.Assumingperfect markets, what is the dividend per share that ABC will be able to pay with the excess cash?Round your answer to two decimals (do not include the $-symbol in your answer)

Question 3)ABC Corp.currently has $44 million in excess cash that it plans on returning to its shareholders through a dividend payment.ABC's current share price is $18.8and it has 33.5million shares outstanding.In addition,the market value of the company's debtis$11million.Assumingperfect markets, what will the share price of ABC be after it pays the dividend?Round your answer to two decimals (do not include the $-symbol in your answer)

quiestion 2 5 points Save Answer ABC Corps currently has $14 million in excess cash that it plans on returning to its shareholders through a dividend payment. ABC's current share price is $22.1 and it has 30] million shares outstanding. In addition, the market value of the company's debt is $12 million. Assuming perfect markets, what is the dividend per share that ABC will be able to pay with the excess cash? Round your answer to two decimals (do not include the $symbol in your answer) quBestion 3 5 points Save Answer ABC Corp. currently has $44 million in excess cash that it plans on returning to its shareholders through a dividend payment. ABC's current share price is $18.8 and it has 33.5 million shares outstanding' In addition, the market value of the company's debt is $11 million Assuming perfect markets, what will the share price of ABC be after it pays the dividend? Round your answer to two decimals (do not include the $symbol in your answer)