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Good Values Inc. is all-equity-financed. The total market value of the firm currently is $160,000, and there are 2,000 shares outstanding. Ignore taxes. a. The

Good Values Inc. is all-equity-financed. The total market value of the firm currently is $160,000, and there are 2,000 shares outstanding. Ignore taxes.

a. The firm has declared a $5 per share dividend. The stock will go ex-dividend tomorrow. At what price will the stock sell today?

b. At what price will the stock sell tomorrow?

c. Now assume that the tax rate on all dividend income is 30% and the tax rate on capital gains is zero. At what price will the stock sell today, taking account of the taxation of dividends? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

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