Q$1.$ The balance sheet for Firth Group is provided below in market value terms. There are $12,000$ shares outstanding.

$\backslash$table$[[$Market Value Balance Sheet$],[$Cash$,$$$58,000,$Equity,$$503,000],[$Fixed Assets,$$445,000,,],[,,,],[$Total$,$$$503,000,$Total,$$503,000]]$

The company has declared a dividend of $$2\mathrm{.}9$ per share. The stock goes ex dividend tomorrow. Assume zero tax rate. Answer the following questions.

a$)$ What is the stock price selling today? The answer I got for this was $$41\mathrm{.}92$

b$)$ What is the stock price selling tomorrow? The answer I got for this was $$39\mathrm{.}02$

c$)$ If the dividend tax rate is $10\%$ and there is no capital gain tax, is the stock pricing selling tomorrow greater, lower, or equal to the answer you got in b$)?$ Why?

Considering the answers I have for both A and B$,$ can someone please help me with answer C$.$ Thanks