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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

1 .

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 today?

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