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The stock of Red's Hardware closed at $56.85 per share today. Tomorrow morning, the stock goes ex-dividend, paying a dividend of $1.65 per share. The

The stock of Red's Hardware closed at $56.85 per share today. Tomorrow morning, the stock goes ex-dividend, paying a dividend of $1.65 per share. The tax rate on dividends is 20 percent. All else the same, what price will the stock open at tomorrow morning?

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