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Assume Evco Inc. has a current stock price of $50.00 and will pay a $2.00 dividend in one year its e uit cost of capital

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Assume Evco Inc. has a current stock price of $50.00 and will pay a $2.00 dividend in one year its e uit cost of capital is 15% what price musi you expec Evo 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 $ Round to the nearest cent.)

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