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You own 310 shares of stock in Green Mild Chili Peppers, Inc., that currently sell for $52.70 per share. The company has announced a dividend

You own 310 shares of stock in Green Mild Chili Peppers, Inc., that currently sell for $52.70 per share. The company has announced a dividend of $3.07 per share with an ex-dividend date of May 3. Assuming no taxes, what is the value of your portfolio on May 3?

A. $16,012.00

B. $951.70

C. $15,385.30

D. $16,337.00

E. $15,660.30

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