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Assume Evoo, Inc, has a curtent stock price of $51.85 and will pay a $2.00 dividend in one year; its equity cost of capital is 20%. What price must you expect Evoo stock to soll for immediately after the firm pays the dividend in one year to justify its current price? We can expect Evoo stock to sell tor s (Round to the nearest cont.).

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Assume Evoo, Inc, has a curtent stock price of $51.85 and will pay a $2.00 dividend in one year; its equity cost of capital is 20%. What price must you expect Evoo stock to soll for immediately after the firm pays the dividend in one year to justify its current price? We can expect Evoo stock to sell tor s (Round to the nearest cont.)

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