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Assume that some wealthy UCF graduates own 320 shares of stock in J&R Corporation. The stock is currently selling for $52.95 per share. J&R has

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Assume that some wealthy UCF graduates own 320 shares of stock in J&R Corporation. The stock is currently selling for $52.95 per share. J&R has announced a dividend of $3:13 per share. Assuming no taxes, what is the value of their portfolio on the ex-dividend date of December 15? Multiple Choice $16.944.00 $15.942.40 $16.619.00 O $16 21740 $1.00160

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