would like this problem solved. i have the answers but need a solution.

Problem 3: Give or Take An all equity firm with 50.000.000 shares standing and retired rate of return 10% hins constant, annual earnings $100.000.000 for which are typically distributed as dividends (no growth). Tomorrow is the ex-dividend day and today the Board is going to decide on the dividend (i.e., it's a Greek company, everything on the last minute). There are no taxes. 1. Suppose that the Board decided to distribute the dividend tomorrow (s every year). What is the price of the stock and the value of the firm today and on ex-dividend day tomorrow) "791 - Soz " d r g II ---A's -1 lipol OT JOSUV 2. Suppose that the Board decides not to distribute dividends this year and keep the earning to repurchase shares. What will be the price of the stock and the value of the firm today? "79 II --A'SOZ =-* :lippoL IT JOMSUV 3. Once the repurchase of the stocks is completed (say tomorrow), calculate how many shares there will be in the market, the share price and the firm value. 19 I = A $77 - dmcb = N TI MSUV