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Q. 9 Your portfolio is 340 shares of Sabrina, Incorporated. The stock currently sells for $104 per share. The company has announced a dividend of

Q. 9

Your portfolio is 340 shares of Sabrina, Incorporated. The stock currently sells for $104 per share. The company has announced a dividend of $3.50 per share with an ex-dividend date of April 19. Assuming no taxes, what is your portfolio value as of April 19?

Note: Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.

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