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Assume Evco, Inc. has a current stock price of 54676 and will pay a 52...

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Finance

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Assume Evco, Inc. has a current stock price of 54676 and will pay a 52 20 dividend in one year, its equity cost of capital is 12% What price must you expect Evca 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.)

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