Peoples United is paying a dividend of $2.25 per share today. Before the dividend, the company had earnings per share of $1.81, There are 307,000 shares outstanding with a market price of $67 per share prior to the dividend payment ignoring taxes, what will happen as a result of this dividend: Maltipie Choice rerained earnings will decrease by $235000 the approximate price of the stock will be close to $64.75 total value of the company will increase by the anmont of the divalud pice-earnings ratio will be 3957