QUESTION 3 30 points Save Antwer CLO-4) The market value balance sheet for Trent plc reflects cash of $60,000, non-current assets of $423,500, and equity of 5483,500. There are 15,000 shares of stock outstanding. The company has declared a dividend of $1.50 per share. The equity goes ex dividend tomorrow. The company previously considered repurchasing $22,500 worth of stock, a ignoring any tax effect, what are the shares selling for today? What will they sell for tomorrow? () what will the balance sheet look like after the dividend is paid? 1. What will the price per share be after the repurchase if the company decided to repurchase $22,500 worth of shares? c. Ignoring tax effects, show how the share repurchase is effectively the same as a cash dividend Lok Save and Submit to and subunit. Click Save All Answers to sow all answers Save All Answers Close Window Save and submit MacBook Pro O DI DVD FI 3 5 o 6 7 7 V 8 A 9 a