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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.
The company has declared a dividend of $2.9 per share. The stock goes ex dividend tomorrow.
Assume zero tax rate. Answer the following questions. What is the stock price selling tomorrow?
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