Rational Demiconductor has the following market$-$value balance sheet:

Assume that Rational wins a lawsuit and is paid $$3$ million in cash. Its market

capitalization rises by that amount. It decides to pay out $$10$ per share

instead of $$1$ per share.

a$.$ What happens to Rational's stock price if the payout comes as a cash

dividend?

New stock price

b$.$ What happens to Rational's stock price if the payout comes as a share

repurchase? $($Round your intermediate calculations to the nearest whole

number.$)$

New stock price