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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

image text in transcribed 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

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