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The company has declared a dividend of $1.30 per share. The stock goes ex dividend tomorrow. Ignore any tax effects. a. What is the stock
The company has declared a dividend of $1.30 per share. The stock goes ex dividend tomorrow. Ignore any tax effects. a. What is the stock selling for today? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. b. What will it sell for tomorrow? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. c. What will the balance sheet look like after the dividends are paid? Note: Do not round intermediate calculations and round your answers to the nearest whole number, e.g., 32
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