Problem $17-5$ How Corporations Pay Dividends $($LO$1)$

The stock of Payout Corporation will go ex$-$dividend tomorrow. The dividend will be $$0\mathrm{.}50$ per share, and there are $25,000$ shares of

stock outstanding. The market$-$value balance sheet for Payout is shown below. Ignore taxes.

a$.$ What price is Payout stock selling for today?

b$.$ What price will it sell for tomorrow?

Note $-$ For all requirements, round your answer to $2$ decimal places.

a$.$ Price

b$.$ Price