The stock of Monarch Co. is aoina ex-dividend todav. The companv iust paid \\( \\$ 1.75 \\) dividend per share. There are 40.000 shares of stock outstandina. The market value balance sheet (with-dividend) for Monarch Co. is shown below. What is the stock price today (ex-dividend)? Ignore taxes. \\( \\$ 48.25 \\). \\( \\$ 34.25 \\). \\( \\$ 32.5 \\). \\( \\$ 30.75 \\). \\( \\$ 50 \\)