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36. Dayton Corporation has $300 milli with a current market price of $25 per share. Dayton's board dividend. What is the ex-dividend price of a share in a perfect capital market? on of excess cash. The firm has no debt and 200 million shares outstanding. has decided to pay out this cash as a one-time A. $22.5 8. $23.0 C. $23.5 D. $24.0 E. $24.5 37. Suppose Dunston Industries has 500 million shares outstanding with a share price of $60, and $15 billion in debt n three years, Dunston has 700 million shares outstanding trading for $70 per share, how much debt will Dunston have if it maintains a constant debt-equity ratio? A. $15.0 billion B. $25.0 billion C. $31.5 billion D. $24.5 billion E. $16.3 billion If i voar of $5 million, If Zeppelin