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The balance sheet for Ferguson Co. sis shown below in market value terms. There are 12,000 shares outstanding. Fixed Assets The company declared a dividend

The balance sheet for Ferguson Co. sis shown below in market value terms. There are 12,000 shares outstanding.

Fixed Assets

The company declared a dividend of $1.30/share. The stock goes ex dividend tomorrow. Ignoring any tax effects, what is the stock selling for today? What will sell for tomorrow? What will the balance sheet look like after dividends are paid?

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