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Assume the stockholders of Apria Company stock are in the 21 percent tax bracket. The closing price of the stock today was $55.60 a share.

Assume the stockholders of Apria Company stock are in the 21 percent tax bracket. The closing price of the stock today was $55.60 a share. The firm pays a quarterly dividend of $3.20 per share. What is the expected opening price of the stock tomorrow if tomorrow is an ex-dividend date? $53.28 $53.21 $53.00 $52.93 $53.07

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