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The stock of Payout Corp. will go ex-dividend tomorrow. The dividend will be $2 per share, and there are 50,000 shares of stock outstanding. The

The stock of Payout Corp. will go ex-dividend tomorrow. The dividend will be $2 per share, and there are 50,000 shares of stock outstanding. The market value balance sheet for Payout is shown below. Assets Cash Liabilities and Equity $ 60,000 Equity $900,000 840,000 Fixed assets 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 not round intermediate calculations. Round your answer to 2 decimal places.) Price $

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