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Business, 07.04.2020 20:29 drewdean5545

When different invest 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

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