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I need this question answered ASAP. Thanks... Assume Evco, Inc. has a current stock price of exist52 21 and will pay exist1.75 dividend in one
I need this question answered ASAP.
Assume Evco, Inc. has a current stock price of exist52 21 and will pay exist1.75 dividend in one year as equity cost of capital is 19%. What price must you expect Evco stock to sell for immediately after the firm pays the dividend in one year to justly its current price? We can expect Evco stock for exist (Round to the nearest cont.) Thanks...
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