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Your portfolio is310 shares of Rising Sun Co. that currently sells for $48 a share. The company has announced a cash dividend of $1.04 per

Your portfolio is310 shares of Rising Sun Co. that currently sells for $48 a share. The company has announced a cash dividend of $1.04 per share with an ex-dividend date of tomorrow. Assume there are no taxes. What should you expect your portfolio value to be tomorrow morning assuming all else is held constant?

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