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D5000 OC WY www GOSPOD POD hings and the one and the outside om $7.00 per har det beds and they are wat heet Suositut

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D5000 OC WY www GOSPOD POD hings and the one and the outside om $7.00 per har det beds and they are wat heet Suositut what there she is QA16 OM ODS Sunnyfax Publishing pays out all its earnings and has a share price of $36.00. In order to expand, Sunnyfax Publishing decides to cut its dividend from 53.00 to $2.00 per share and reinvest the retained funds. Once the funds are reinvested they are expected to grow at a rate of 14% if the reinvestment does not affect Sunnyfax's equity cost of capital, what is the expected share price as a consequence of this decision? O A $6463 B. $53 86 OC. $37.70 OD. 51309

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