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Credenza Industries is expected to pay a dividend of $1.65 at the end of the coming year. It is expected to sell for $65 at
Credenza Industries is expected to pay a dividend of $1.65 at the end of the coming year. It is expected to sell for $65 at the end of the year. If its equity cost of capital is 9%, what is the expected capital gain from the sale of this stock at the end of the coming year? O A. $59.63 OB. $61.15 O C. $5.37 OD. $3.85
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