JRN Enterprises just announced that it plans to cut its next-year dividend, D. from $200 to 51.10 per 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 $26.00 per share. With the new expansion, JRNS dividends are expected to grow at 10% per year indefinitely. Assuming that JRN's risk is unchanged by the expansion, the value of a share of JRN after the announcement is closest to O A 574 29 OB. $14.30 O C. $26.00 OD. $40.06