a) The balance sheet for JTA plc is shown here in market value terms. There are 4,000 million shares outstanding Market Value Balance Sheet ( mil.) Cash 9,557 Equity 12,450 10,223 Fixed Assets Liabilities 7,330 Total 19,780 Total 19,780 The company has declared a dividend of 0.90 per share, the equity goes ex-dividend tomorrow Tasks a) i. Ignoring any tax effects, show what price the shares would be selling for today? ii. What will they sell for tomorrow? iii. What will the market value balance sheet look like after the dividends are paid