The balance sheet for Quinn Corporation is shown here in market value terms. There are 5,000 shares of stock outstanding. Cash Fixed assets Total Market Value Balance Sheet $44,500 Equity 390,000 $ 434,500 Total $ 434,500 $434,500 The company has declared a dividend of $1.30 per share. The stock goes ex dividend tomorrow. 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.)

The balance sheet for Quinn Corporation is shown here in market value terms. There are 5,000 shares of stock outstanding. The company has declared a dividend of $1.30 per share. The stock goes ex dividend tomorrow. 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.)