Stock Dividends The market value balance sheet for Desktop Manufacturing is shown here. The company has declared a 25 percent stock dividend. The stock goes ex dividend tomorrow (the chronology for a stock dividend is similar to that for a cash dividend). There are 28,000 shares of stock outstanding. What will the ex-dividend price be?

MARKET VALUE BALANCE SHEET
Cash		$149,000	Debt		$127,000
Fixed assets		603,000	Equity		625,000
Total		$752,000	Total		$752,000