The market value balance sheet for Outbox Manufacturing is shown here. Outbox has declared a stock dividend of 25 percent. The stock goes ex-dividend tomorrow (the chronology for a stock dividend is similar to that for a cash dividend).

Market Value Balance SheetCash$295,000Debt$180,000Fixed assets540,000Equity655,000Total$835,000Total$835,000

There are 20,000 shares of stock outstanding. What is the current share price?(Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16))

New stock price$per share

What will the ex-dividend price be?(Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16))

Ex-dividend price$