a) The balance sheet for SPA plc. is shown here in market value terms. There are 3,000 million shares outstanding. Cash Tasks: Fixed Assets Total Market Value Balance Sheet ( mil.) 5,554 6,830 12,384 Equity Liabilities Total 6,584 5,800 12,384 The company has declared a dividend of 0.30 per share, the equity goes ex-dividend tomorrow. a) i. Ignoring any tax effects, show what is the share price today? (5 marks) ii. What will the share price be tomorrow? (5 marks) iii. What will the market value balance sheet look like after tomorrow, once the dividends have been paid