**Answer and Explanation:**

a. The computation of the current price per share is shown below:

**Current price per share = Value of Firm ÷ Number of stock outstanding
**

where,

Value of Firm is

= $800,000 ÷ 1.13 + $1,250,000 ÷ 1.13^2

= $1,686,897.96

And, the number of outstanding shares is 35,000 shares

So, the current share price is

= $1,686,897.96 ÷ 35,000 shares

= **$48.20
**

c. The computation of the shares of stock sold is shown below:

No of shares of stock must be sold is

= ($910,000 - $800,000) ÷ 48.20

= **$2,282.16
**

c. The computation of the new price per share of stock is shown below:

**Current price per share = Value of Firm ÷ Number of stock outstanding
**

where,

Value of Firm is

= $910,000 ÷ 1.13 + $1,250,000 ÷ 1.13^2

= $1,784,243.09

And, the number of outstanding shares is 35,000 shares and $2,282.16

So, the current share price is

= $1,784,243.09 ÷ 35,000 shares + $2,282.16

= **$47.86 **