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Assume Evco, Inc. has a current stock price of $51.16and will pay a $2.15dividend in one year; its equity cost of capital is10%.What price must

Assume Evco, Inc. has a current stock price of $51.16and will pay a $2.15dividend in one year; its equity cost of capital is10%.What price must you expect Evco 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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