Clovix Corporation has $44.16 million in cash, 9.6 million shares outstanding, and a current share price of $28. Clovix is deciding whether to use the $44.16 million to pay an immediate specia dividend of $4.60 per share, or to retain and invest it at the risk-free rate of 10% and use the $4.42 million in interest earned to increase its regular annual dividend of $0.46 per share. Assume perfect capital markets. a. Suppose Clovix pays the special dividend. How can a shareholder who would prefer an increase in the regular dividend create it on her own? b. Suppose Clovix increases its regular dividend. How can a shareholder who would prefer the special dividend create it on her own? a. Suppose Clovix pays the special dividend. How can a shareholder who would prefer an increase in the regular dividend create it on her own? (Select the best choice below.) A. Invest the $4.60 special dividend and earn interest of $0.46 per year. B. Borrow $28 today and use it to buy a share of Clovix stock. C. Borrow $4.60 today and use the increase in the regular dividend to pay the interest of $0.46 per year on the loan. D. Sell a share of Clovix stock for $28 today and invest the proceeds to earn $2.80 in interest. b. Suppose Clovix increases its regular dividend. How can a shareholder who would prefer the special dividend create it on her own? (Select the best choice below.) A. Invest the $4.60 special dividend and earn interest of $0.46 per year. B. Borrow $28 today and use it to buy a share of Clovix stock. C. Sell a share of Clovix stock for $28 today and invest the proceeds to earn $2.80 in interest. D. Borrow $4.60 today and use the increase in the regular dividend to pay the interest of $0.46 per year on the loan