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The stock of Monarch Co. is going ex-dividend today. The company just paid $1.75 dividend per share. There are 40,000 shares of stock outstanding. The
The stock of Monarch Co. is going ex-dividend today. The company just paid $1.75 dividend per share. There are 40,000 shares of stock outstanding. The market value balance sheet (with-dividend) for Monarch Co. is shown below. What is the stock price today (ex-dividend)? Ignore taxes. Assets Current Assets $500,000 Non-current $1,500,000 Assets $48.25. $34.25. $32.5. $30.75. $50. Question 7 (2 Liabilities and Equity $700,000 $1,300,000 Liabilities Shareholders' Equity
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