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7. Julia's Jewel Company (MC) currently has a stock price of $53 per share. If JJC's cost of equity capital {same as discount rate for

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7. Julia's Jewel Company (MC) currently has a stock price of $53 per share. If JJC's cost of equity capital {same as discount rate for equity] is 9% and the current dividend yield [DIVleU] is 3.50%, the expected price per share of the company in one year (t = 1) is closest to? a. $54.85 [21. $56.82 c. $55.91 d. $57.7

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