Question: The balance sheet for Ferguson Corp. is shown here in market value terms. There are 10,000 shares of stock outstanding. Market Value Balance Sheet Cash

The balance sheet for Ferguson Corp. is shown here in market value terms. There are 10,000 shares of stock outstanding. Market Value Balance Sheet Cash $ 45,700 Equity $ 555,700 Fixed assets 510,000 Total $ 555,700 Total $ 555,700 The company has declared a dividend of $1.80 per share. The stock goes ex dividend tomorrow. Ignoring any tax effects, what is the stock selling for today?

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