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Coolibah Holdings is expected to pay dividends of $1.30 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 $1.30 every six months for the next three years. If the current price of Coolibah stock is $22.50, and Coolibah's equity cost of capital is 16%, what price would you expect Coolibah's stock to sell for at the end of three years? O A. $30.10 B. $31.40 C. $26.17 OD. $28.79

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