Assume$$Evco$,$ Inc. has a current stock price of$$50\mathrm{.}77$and will pay a$$2\mathrm{.}25$dividend in one$$year; its equity cost of capital is$11\%.$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$.)$