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Your portfolio is 280 shares of Davis, Inc. The stock currently sells for $98 per share. The company has announced a dividend of $2.90 per

Your portfolio is 280 shares of Davis, Inc. The stock currently sells for $98 per share. The company has announced a dividend of $2.90 per share with an ex-dividend date of April 19. Required: Assuming no taxes, how much will your stock be worth on April 19?

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