You own $250$ shares of stock in Green Mild Chili Peppers, Incorporated, that currently sell for $$51\mathrm{.}20$ per share. The company has announced a dividend of $$2\mathrm{.}71$ per share with an ex$-$dividend date of May $3.$ Assuming

no taxes, what is the value of your portfolio on May $3?$

Multiple Choice

$$12,800\mathrm{.}00$

$$677\mathrm{.}50$

$$12,122\mathrm{.}50$

$$12,397\mathrm{.}50$

$$12,475\mathrm{.}00$