23) Shield Security pays annual dividends and has just paid this year's dividend of $1.20. If its equi cost of capital is 10%, and dividends are expected to grow by 5% per year in the future, what is the value of Shield's stock? Hint: make sure you are using the proper dividend. A) $24.00 B) $12.00 C) $26.00 D) $12.60 B) $25.20