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Black Pau Inc announced on May 1 that it will pay a dividend of 510 per share on June 15 to all holders on record

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Black Pau Inc announced on May 1 that it will pay a dividend of 510 per share on June 15 to all holders on record as of May 31st. The firm's stock price dosed today at 550 a share. Assume all investors are in the 28 percent tax bracket. It tomorrow is the ex-dividend date, what would you expect the opening price to be tomorrow morning assuming all else is held constant? 140 536.40 $1496 O 142.00

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