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  • 21-11-2019
  • Business
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Assume​ Evco, Inc. has a current stock price of $ 52.99 and will pay a $ 2.10 dividend in one​ year; its equity cost of capital is 11 %. 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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sakhilemdletshesm
sakhilemdletshesm sakhilemdletshesm
  • 21-11-2019

Answer:

$56.7

Explanation:

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