Question: can someone help me with this practice question i do not understand Assume Evco, Inc. has a current stock price of $4703 and will pay

can someone help me with this practice question i do not understand

Assume Evco, Inc. has a current stock price of $4703 and will pay a S205 dividend in one year its equity cost of capital is 12% 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 $5 (Round to the nearest cent)

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