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The stock of Payout Corp. will go ex-dividend tomorrow. The dividend will be 54 per share, and there are 15,000 shares of stock outstanding. The

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The stock of Payout Corp. will go ex-dividend tomorrow. The dividend will be 54 per share, and there are 15,000 shares of stock outstanding. The market-value balance sheet for Payout is shown below. Assets Cash Fbced assets $50,000 850,000 Liabilities and Equity Equity $900,000 a. What price is Payout stock selling for today? (Round your answer to 2 decimal places.) Price b. What price will it sell for tomorrow? Ignore taxes. (Do notro your answer to 2 decimal places.) intermediate calculations. Round Price

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