Stock price around dividend.

Jenny plans to sell 500 shares of ExxonMobil stock. ExxonMobil has just declared a $1.00 cash dividend per share payable in forty days to registered owners twenty days from now. If on theex-date the price of ExxonMobil is $65.64 pershare, show the total proceeds and the source of the proceeds to Jenny if she sells before the close on theex-date or waits until the morning after theex-date. Assume a world of no taxes.

A) What areJenny's total proceeds if she sells before the close on theex-date?

B) What areJenny's total proceeds if she waits until the morning after theex-date to sell thestock?