Question: Need writing or typing answer, not excel, thank you The stock of Payout Corp. will go ex-dividend tomorrow. The dividend will be $1 per share,

Need writing or typing answer, not excel, thank you

The stock of Payout Corp. will go ex-dividend tomorrow. The dividend will be $1 per share, and there are 25,000 shares of stock outstanding. The market-value balance sheet for Payout is shown below. Liabilities and quity $150,000 Equity $950,000 Annets Cash Fixed asset 800,000 a. What price is Payout stock selling for today? (Round your answer to 2 decimal places.) Price $ b. What price will it sell for tomorrow? Ignore taxes. (Do not round intermediate calculations, Round your answer to 2 decimal places.) Pelce s

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