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Assume Evco, tnc, has a current etock prico of $45.69 and will poy a $2.05 dividend in one yoar, its equily cost of caplat is

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Assume Evco, tnc, has a current etock prico of $45.69 and will poy a \$2.05 dividend in one yoar, its equily cost of caplat is 15%. What prico must you expect Eveo stock to selt for immediately after the firm pays the dividond in one yoar to juntily lis current prica? Ponion ony Click the icon to sce the Worked Solution (Formula Solution). Wo can expoct Eveo stock to sell for \& (Round to the noarest cent.)

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