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Sweety Inc. is considering paying out a total of $575,000 in cash dividend. The firm is currently unlevered and is worth $20,000,000, and there are

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Sweety Inc. is considering paying out a total of $575,000 in cash dividend. The firm is currently unlevered and is worth $20,000,000, and there are 500,000 shares outstanding. Assuming no signaling effect, what will be Sweety's share price after the cash dividend? A) $46.85 B) $5.22 C) $38.85 D) $41.15 E) $40

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