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Assume Evco, Inc. has a current stock price of $52.28 and will pay a $1.80 dividend in one? year; its equity cost of capital is

Assume Evco, Inc. has a current stock price of $52.28 and will pay a $1.80 dividend in one? year; its equity cost of capital is 13%. What price must you expect Evco stock to sell for immediately ?

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