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The balance sheet for the IE Corp. is shown here in market value terms. There are 9,700 shares of stock outstanding. Market Value Balance Sheet
The balance sheet for the IE Corp. is shown here in market value terms. There are 9,700 shares of stock outstanding. Market Value Balance Sheet Cash $28,300 Fixed Assets $173,460 Total $201,760 Equity \$201,760 Total \$201, 760 The company has declared a dividend of $3.12 per share. The stock goes ex-dividend tomorrow. Ignoring any tax efiects, what is the stock selling for today? What will it sell for tomorrow? After the dividend, what will be the value of shares and of cash for an investor with 110 shares? Enter your answers rounded to 2 DECIMAL PLACES. What is the stock selling for today? What will the stock sell for tomorrow? What will be the value of the investor's shares after the stock dividend? What will be the value of the investor's cash after the dividend? Click "Verify" to proceed to the next part of the question. Note: This question has 3 parts, so you will be clicking Verify 3 times
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