Your portfolio is310 shares of Rising Sun Co.that currently sells for $48 a share.The company has announced a cash dividend of $1.04 per share with an ex-dividend date of tomorrow.Assume there are no taxes.What should you expect your portfolio value to be tomorrow morning assuming all else is held constant?
A) $14,616
B) $14,880
C) $15,026
D) $15,144
E) $15,210
Correct Answer:
Verified
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