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You own 10,000 shares of Mars, Co. which is currently trading for 11.69 per share. The company has announced that it will soon pay a

You own 10,000 shares of Mars, Co. which is currently trading for 11.69 per share. The company has announced that it will soon pay a special dividend of 1.2 per share. Tomorrow is the ex-dividend day. Ignoring taxes, what do you expect your block of shares will be worth tomorrow? Round your answer to two decimal places.

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