Wolfum Technology (WT) has no debt. Its assets will be worth $440 million one year from now if the economy is strong, but only $265 milion in one year if the econort woak. Both events are equally likely. The market value today of its assets is $266millon. a. What is the expected return of WT stock without leverage? b. Supposo the risk-free interest rate is 5%. If WT borrows $98 milison today at this rate and uses the proceeds to pay an immediate cash dlvidend, what will be the marl value of its equity just affer the dividend is paid, according to MM? o. What is the expected retum of WT stock after the dividend is paid in part (b)? a. The unievered expected refurn of WT stock is \%. (Found to two decimal places.)