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4 and will pay a $215 dividend in one year, its equity cost of capital is 15%, What price must you expect Evco Assume Evco

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4 and will pay a $215 dividend in one year, its equity cost of capital is 15%, What price must you expect Evco Assume Evco Inc has a current stock price of S47 1 stock to sell for immediately after the firm pays the dividend in one year to justify its current price? We can expect Evco stock to sell for s(Round to the nearest cent)

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