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Emma Corp, has assets with a market value of $600 million, 850 million of which are cash. It has debt of $250 million, and 50

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Emma Corp, has assets with a market value of $600 million, 850 million of which are cash. It has debt of $250 million, and 50 million shares Mark outstanding. Assume perfect capital markets. What is its stock price on the ex-dividend date if the cash reserve of 850 million is used up to pay dividends? TType only the final answer into the response box below (not into the Notes box) and in pure numeric format Do NOT USE W/$ signs, commes or spaces (eg only enter 10 if it is 10 days/$10/10%) 10.17 Report question is Notes +

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