Finance Assignment | Professional Writing
Question Help Assume Evoo, Inc. has a current stock price of $52.71 and will pay a $1 B dividend in one year, its equity cost of capital is 18%.
What price must you expect Evo stock to sell for immediately after the firm pays the dividend in one year to justify its current price? We can expect Evo stock to sell for $ (Round to the nearest cent) Enter your answer in the answer box
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