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Q 1 . The balance sheet for Firth Group is provided below in market value terms. There are 1 2 , 0 0 0 shares

Q1. The balance sheet for Firth Group is provided below in market value terms. There are 12,000 shares outstanding. If the dividend tax rate is 10%, will the stock price selling be higher, lower, or equal to $39.02 per share (ex-dividend share price tomorrow)? Why?
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