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Saved Help Save & Exit meck my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion Return to Problem 17-5 How Corporations Pay Dividends (L01) The stock of Payout Corp. will go ex-dividend tomorrow. The dividend will be $0.50 per share, and there are 30,000 shares of stock outstanding. The market value balance sheet for Payout is shown below. Ignore taxes. Liabilities and Equity $290,000 Equity $1,380,000 1,090, 060 Assets Cash Fixed assets a. What price is Payout stock selling for today? (Round your answer to 2 decimal places.) Answer is complete but not entirely correct. Price S 50.00 b. What price will it sell for tomorrow? (Round your answer to 2 decimal places.) ene 1 of 10 Next >
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