3. You have found the following stock quote for Menlo Enterprises, Incorporated, in the financial pages of todays newspaper.

What was the closing price for this stock that appeared in yesterdays paper?

Do not round intermediate calculations, do not include the $ sign and round your answer to 2 decimal places, e.g., 32.16).

DIVIDEND ($)	DIV YLD %	CLOSE	NET CHANGE ($)
$2.40	5.8%	???	1.89

Can you answer and explain? Thank You!