The total market value of the common stock of the Jackson Group is $450,000. The market price per share is...

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The total market value of the common stock of the Jackson Group is $450,000. The market price per share is $21. Assume that the firm pays a cash dividend with a total value of $30,000. After the dividend, the total market value of the firm's equity will be _____ and the price per share will be:

 

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