Woiffum Technology (WT) has no debt. its assets will be worth $492 milion one yoar from now it the economy is strong. but only $202 million in one year if the economy is weak. Both erents are equaly likely. The market value today of its assets is $273 million. a. What is the expected roturn of WT stock without leverage? b. Suppose the risk-free interest rate is 5%. E WT borrows $69 milion today at this rate and uses the proceeds to pay an immediate cash dividend, what will be the marbet value of its equity just ither the dividend is paid, acoording to MM? c. What is the expeesed retum of WT stock afler the divond is paid in part (b)? a. The unlevered expected roturn of Wr stock is W. (Round to two decimal places.)