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Assume Evco, Inc. has a current stock price of $48.42 and will pay a $2.05 dividend in one year its equity cost of capital is

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Assume Evco, Inc. has a current stock price of $48.42 and will pay a $2.05 dividend in one year its equity cost of capital is 16% What price must you exped Evco stock to set for immediately after the firm pays the dividend in one year to justify its current price? pns We can exped Evco stock to sell for scound to the nearest cent)

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