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The stock of Payout Corp. will go ex-clividend tomorrow. The dividend will be $0.60 per share, and there are 19,000 shares of stock outstanding the

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The stock of Payout Corp. will go ex-clividend tomorrow. The dividend will be $0.60 per share, and there are 19,000 shares of stock outstanding the market value balance sheet for Payout is shown below. Ignore taxes, Assets Liabilities and Equity Cash $170,000 Equity $1,140,000 Fixed assets 970,000 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? (Round your answer to 2 decimal places.) Price

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