The Common Stock of Basek and Basek Goes Ex-Dividend Tomorrow

The common stock of Basek and Basek goes ex-dividend tomorrow.The stock closed at a price of $38.13 a share today.This quarter,the company is paying a cash dividend of $0.15 a share and a liquidating dividend of $2.50 a share.Ignoring taxes and assuming that all else is constant,the opening ex-dividend price is expected to be:

A) $36.33
B) $35.33
C) $35.63
D) $35.48
E) $37.98