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The balance sheet for Kare Corp. is shown here in market value terms. There are 5,000 shares of stock outstanding. Cash Fixed assets Market

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The balance sheet for Kare Corp. is shown here in market value terms. There are 5,000 shares of stock outstanding. Cash Fixed assets Market Value Balance Sheet $44,800 Equity 420,000 $464,800 Total $464,800 Total $464,800 The company has declared a dividend of $1.70 per share. The stock goes ex dividend tomorrow. a. Ignoring any tax effects, what is the stock selling for today? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. Ignoring any tax effects, what will the stock sell for tomorrow? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) a. Stock price b. Stock price c. Ignoring any tax effects, what will the balance sheet look like after the dividends are paid?

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