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Assume Evco, Inc. has a current stock price of $51 .89 and will pay a $2.15 dividend in one year; its equity cost of capital

Assume Evco, Inc. has a current stock price of $51 .89 and will pay a $2.15 dividend in one year; its equity cost of capital is 15%. To justify its current price, what price must you expect Evco stock...

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