The Carlton Corporation has $4 million in eamings after taxes and 2 million shares outstanding. The stock trades at a PIE of 25 . The firm has $2 million in excess cash. a. Compute the current price of the stock. (Do not round intermediate calculations and round your answer to 2 decimal places.) b. If the $2 million is used to pay dividends, how much will dividends per share be? (Do not round intermediate calculations and round your answer to 2 decimal places.)