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A company has no liabilities, and its total assets have a market value of $202,620. The company has just declared a total dividend of $34,840

A company has no liabilities, and its total assets have a market value of $202,620. The company has just declared a total dividend of $34,840 to equity holders. The stock goes ex-dividend tomorrow. The number of outstanding shares is 24,580. What will be the stock price tomorrow?

A) $6.31

B) $6.48

C) $6.66

D) $6.83

E) $7.00

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