Sunpower has started to spin off one of its subsidiaries, Maxeon Solar The first step of this process is an equity carve out where some shares of Maxeon Solar are offered to the public an IPO. The remaining shares of Maxeon Solar will be distributed to Sunpower shareholders. Specifically, each share of Sunpower will entitle the shareholder to three shares of Maxeon Solar. a) Assuming Sunpower as a parent company was profitable and that there are no market frictions, what should the price relationship between SunPower share price and Maxeon Solar's share price be? b) If Sunpower was currently trading at 180 and Maxeon Solar is trading at 80, still assuming that there are no market frictions, explain the set of trades to arbitrage these prices. Sunpower has started to spin off one of its subsidiaries, Maxeon Solar The first step of this process is an equity carve out where some shares of Maxeon Solar are offered to the public an IPO. The remaining shares of Maxeon Solar will be distributed to Sunpower shareholders. Specifically, each share of Sunpower will entitle the shareholder to three shares of Maxeon Solar. a) Assuming Sunpower as a parent company was profitable and that there are no market frictions, what should the price relationship between SunPower share price and Maxeon Solar's share price be? b) If Sunpower was currently trading at 180 and Maxeon Solar is trading at 80, still assuming that there are no market frictions, explain the set of trades to arbitrage these prices