A firm's next$-$period market value of equity is $$3$ million and there are $100,000$ shares outstanding, v$,$ith k $12$ percent.

a$.$ liliat is the current stock price if the firm pay$$ S$600,$ooo in cash dixidends?

b$.$ WV$11$at is the number of shales outstanding if a firm spends its extra $$600,000$ to buy back shares at $$36$ per share instead of paying $$600,000$ in cash

c$.$ WV$11$at is the current stock price if a firm spends its extra $$600,000$ to buy back shares at $$36$ per share instead of paying $$600,000$ in cash diiidends?