Stock price around dividend.$$Jenny plans to sell $450$ shares of ExxonMobil stock. ExxonMobil has just declared a $ $0\mathrm{.}40$ cash dividend per share payable in forty days to registered owners twenty days from now. If on the$$ ex$-$date the price of ExxonMobil is $$$$59\mathrm{.}84$ per$$ share, show the total proceeds and the source of the proceeds to Jenny if she sells before the close on the$$ ex$-$date or waits until the morning after the$$ ex$-$date. Assume a world of no taxes.

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Part $1$

What are$$ Jenny's total proceeds if she sells before the close on the$$ ex$-$date?

$$$

$$

$26928\mathrm{.}00($Round to the nearest$$ cent.$)$

Part $2$

What are$$ Jenny's total proceeds if she waits until the morning after the$$ ex$-$date to sell the$$ stock?

$$$

$$

$26928\mathrm{.}00($Round to the nearest$$ cent.$)$