The balance sheet for Imagine Corp. is shown here in market value terms. There are 3,000 shares of stock outstanding.
Market Value Balance Sheet Cash
Topic: Repurchase of Stock
The company has declared a dividend of $1.94 per share. The stock will go ex-dividend tomorrow. Ignore taxes.
a) What is the stock selling for today? (Round answer to 2 decimal places. Do not round intermediate calculations)
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