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The common stock of ABC Company closed at $69.19 per share today. Tomorrow morning, the stock goes ex-dividend. The dividend that is being paid per

The common stock of ABC Company closed at $69.19 per share today. Tomorrow morning, the stock goes ex-dividend. The dividend that is being paid per quarter is $4.62 per share. Assume a tax rate on dividends of 21%. All else equal, what should the opening price be tomorrow morning?

Enter your answer rounded off to two decimal points. Do not enter $ in the answer box.

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