What price must you expect evco stock to sell for, Financial Management

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What price must you expect evco stock to sell for

Assume? Evco, Inc. has a current stock price of $50.00 and will pay a $2.00 dividend in one? year; its equity cost of capital is 15 % 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 ________$

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Financial Management: What price must you expect evco stock to sell for

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