The market value balance sheet for Inbox Manufacturing is shown here.Inbox has declared a 15 percent stock dividend.The stock goes ex-dividend tomorrow (the chronology for a stock dividend is similar to that for a cash dividend) .There are 13,000 shares outstanding.What is the ex-dividend stock price? 
A) $23.51
B) $25.15
C) $25.51
D) $26.86
E) $28.92
Correct Answer:
Verified
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