The company has announced a dividend of 250 per share with


Your portfolio is 240 shares of Barden, Inc. The stock currently sells for $94 per share. The company has announced a dividend of $2.50 per share with an ex-dividend date of April 19.

Assuming no taxes, how much will your stock be worth on April 19? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)

Stock value            $

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Financial Management: The company has announced a dividend of 250 per share with
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