You should use below Information for the following 3 questions (Q20-922). Alpha Corporation has just paid its annual dividend and is looking forward to another successful year bhead. The company had free cash flow for the year just ended of $100 billion, all of which it just paid out to its shareholders as a dividend. Right now, shareholders do not believe that Alpha has any growth opportunities, so they expect the annual cash flow and dividend stream to remain unchanged for the foreseeable future. Alpha has 10 billion shares outstanding. The company is entirely equity-financed. The cost of equity for the company is estimated to be 20%. The capital market is efficient and there is no tax Q20. One year later when it comes for time for next dividend, what would be the stock price per share right before the ex-dividend date (cum-dividend date), Piumind? 540 per share 5110 per share 560 per share 5100 per share 550 per share