QUESTION 4 [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 rocking. The company has declared a dividend of 51.50 per share. The equity goes ex dividend tomorrow. The company previously considered repurchasing 122,500 worth of stock a. Ignoring any tax effect, (I what are the shares selling for today? What will they sell for tomorrow?) what will the balance sheet look like other the dividend in a b. What will the price per share be after the repurchase if the company decided to repurchase 322,500 worth of shares? Ignoring tax effects, show how the share repurchase is effectively the same as a cash dividend For the toolbar, press ALT F10 (PC) or ALT+FN+F10 (Mac). BI V S Paragraph Arial 14px EE LX E EX X, T The TT 3 E (1) Anche Save Alle Soe and Submit to one and submit. Click Save All Answers to sove all answers