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Gremlin Industries will pay a dividend of $1.95 per share this year. It is expected that this dividend will grow by 3% per year each

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Gremlin Industries will pay a dividend of $1.95 per share this year. It is expected that this dividend will grow by 3% per year each year in the future. The current price of Gremlin's stock is $23.90 per share. What is Gremlin's equity cost of capital? O A. 15.2% O B. 13.2% O C. 10.2% OD. 11.2%

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