The market value balance sheet for Bobaflex Manufacturing is shown here. The company has declared a 24 percent stock dividend. The stock goes ex dividend tomorrow (the chronology for a stock dividend is similar to that for a cash dividend). There are 12,000 shares of stock outstanding.

Market Value Balance Sheet:

Cash $ 163,000

Debt $ 173,000

Fixed assets 317,000

Equity 307,000

Total $ 480,000

*What is the stock price today?

*What will the ex-dividend price be?