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Your portfolio is 330 shares of Davis, Inc. The stock currently sells for $103 per share. The company has announced a dividend of $3.40 per

Your portfolio is 330 shares of Davis, Inc. The stock currently sells for $103 per share. The company has announced a dividend of $3.40 per share with an ex-dividend date of April 19.

Required:

Assuming no taxes, what is your portfolio value as of April 19?

Portfolio value

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