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Coolibah Holdings is expected to pay dividends of $1.10 every six months for the next three years. If the current price of Coolibah stock is

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Coolibah Holdings is expected to pay dividends of $1.10 every six months for the next three years. If the current price of Coolibah stock is $22.70, and Coolibah's equity cost of capital is 18%, what price would you expect Coolibah's stock to sell for at the end of three years? O A. $35.75 B. $29.79 OC. $32.77 OD. $34.26

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