4. Assume Evco, Inc., has a current price of $65 and will pay a $2.5 dividend in...
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4. Assume Evco, Inc., has a current price of $65 and will pay a $2.5 dividend in one year, and its equity cost of capital is 12%. What price must you expect it to sell for right after paying the dividend in one year in order to justify its current price?
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Related Book For 
Fundamentals Of Corporate Finance
ISBN: 9781292018409
3rd Global Edition
Authors: Berk, Peter DeMarzo, Jarrad Harford
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