9- The following is the abbreviated balance sheet for Boston DuckBoat Company. Cash = $500, Other Assets = $9000, Debt = $0, Equity = $9500, Shares outstanding = 400. What is Duckboat's price per share (based on the balance sheet information)? $ Place your answer in dollars and cents without the dollar sign. The company just paid a cash dividend of $2.00 per share. What will be the new share price (based on the balance sheet information) after the dividend payment? $ Place your answer in dollars and cents without the dollar sign. You Must Get Both Parts Correct to Receive Credit.

10- You may attempt this question 3 more times for credit.

Giggle Inc reports the following abbreviated balance sheet: Cash = $9000 Other Asset = $18000 Debt = $0 Equity = $27000 Number of shares outstanding = 2500 Giggle just paid a cash dividend of $0.80 per share. What is the new share price after the dividend payment? $ Place your answer in dollars and cents without the dollar sign.