A company has declared a dividend of $7.95 per share on its stock. Capital gains are not taxed. Suppose the Tax Office has issued a new regulation that requires taxes of 25 percent be withheld at the time the dividend is paid. The stock currently sells for $133.75 per share. What will the ex-dividend price be? Multiple Choice $129.78 $127.79 $131.76 $125.80 $133.75