the market value balance sheet for jiwani corporation reflects cash of $400,000, fixed assets of $510,000, and equity of $910,000. there are 25,000 shares of stock outstanding with a par value of $1 per share. the company has declared a dividend of $1.20 per share. the stock goes ex dividend tomorrow. ignore any tax effects. what will be the price of the stock tomorrow morning? a) $35.20 b) $36.40 c) $28.60 d) $22.40 e) $38.22
