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| Baker College | Undergraduate, ( x () Financial Analysis and Application X Question 2 - M7 CONNECT Prob X * Course Hero * +

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| Baker College | Undergraduate, ( x () Financial Analysis and Application X Question 2 - M7 CONNECT Prob X * Course Hero * + X C https://ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252FIms.mheducation.com%252Fmghmiddleware%252Fmheproducts%252FImsCloseWindow.htm#/activity/question-group/.. A" to ... M7 CONNECT Problems i Saved Help Save & Exit Submit Check my work mode : This shows what is correct or Incorrect for the work you have completed so far. It does not Indicate completion. Return to questlor 2 The stock of Payout Corp. will go ex-dividend tomorrow. The dividend will be $0.90 per share, and there are 21,000 shares of stock outstanding. The market-value balance sheet for Payout is shown below. Ignore taxes. 5 Assets Liabilities and Equity points Cash $230, 000 Equity $1, 260, 000 Fixed assets 1, 030, 000 + a. What price is Payout stock selling for today? (Round your answer to 2 decimal places.) Answer is complete and correct. Price 59.52 b. What price will it sell for tomorrow? (Round your answer to 2 decimal places.) x Answer is complete but not entirely correct. Price 60.48 X Activate Windows Go to Settings to activate Windows. Mc Type here to search 1:51 PM 88F Partly sunny ~ 9 7. 8/7/2022

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