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Assume the stockholders of GPO stock are in the 25 percent tax bracket. The closing price of the stock today was $28.49 a share. The

Assume the stockholders of GPO stock are in the 25 percent tax bracket. The closing price of the stock today was $28.49 a share. The firm pays a quarterly dividend of $1.40 per share. What is the expected opening price of the stock tomorrow if tomorrow is an ex-dividend date? $26.53 $27.09 $28.14 $27.61 $27.44

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