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Assume Eveo, Ine. has a current stock price of $53.42 and will pay a $1.90 dividend in one year, its equaly cost of capital is

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Assume Eveo, Ine. has a current stock price of $53.42 and will pay a $1.90 dividend in one year, its equaly cost of capital is 10%. What price must you expect Evco stock to seli for immedately afier the firm pays the dividend in one year to justify its current price? Wo can axpect Eveo stock to sell for $ (Round to the nearest cent)

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