Question: Assume Evco, Inc. has a current stock price of $45 21 and will pay a $180 dividend in one year, its equity cost of capital

 Assume Evco, Inc. has a current stock price of $45 21

Assume Evco, Inc. has a current stock price of $45 21 and will pay a $180 dividend in one year, its equity cost of capital is 11% Wiat price must you expect Evco stock to sell for immediately after the firm pays the dividend in one year to justify its current prioo? We can expect Evco stock to roll for $(Roured to the nearest cont.)

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