Suppose Sigma industries and Pi Technology have identical assets that generate identical cash flown. Sigma Industries is an all-equity firm, with 9 million shares outslancing that trado for a price of $21.00 per share. Pi Tectinology has 24 milion shares outstanding. as well as debt of $56.70 milion. a. According to MM Proposition I, what is the stock price for Pi Technology? b. Suppose Pi Technology stock currenty trades for $12.27 per share. What arbirege opgortunity is avalable? What assumptions are necessary to explot this opportunty? a. According to MM Proposition I, what is the stock price for Pi Technology? According to MM Proposison L, the stock price per share for PI Technotogy is: (Round to the nearest cent)