JRN Enterprises just announced that it plans to cut its next year dividend, Dfrom $2.75 to $1.20 por share and use the extra funds to expand its operations. Prior to this announcement, JRN's dividends were expected to grow at 5% per year and JRN's stock was trading at $25.00 per share with the new expansion, RN'S dividends are expected to grow at 10% per year indefinitely. Assuming that JRN's risk in unchanged by the expansion, the value of a share of JRN after the Bouncement is closest to DA 520.00 OB. $45.83 OC 325.00 OD 310.91 dy