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Assume Evco, Inc. has a current stock price of $ 5 0 . 0 0 and will pay a $ 2 . 0 0 dividend
Assume Evco, Inc. has a current stock price of $ and will pay a $ dividend in one year; its equity cost of capital is What price 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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