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19) Jumbuck Exploration has a current stock price of $5.00 and is expected to sell for $6.25 in one year's time, immediately after it pays

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19) Jumbuck Exploration has a current stock price of $5.00 and is expected to sell for $6.25 in one year's time, immediately after it pays a dividend of $0.78. Which of the following is closest to Jumbuck Exploration's equity cost of capital? A) 37.17% B) 38.60% C) 40.60% D) 41.93%

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