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Jumbuck Exploration has a current stock price of $2.25 and is expected to sell for $2.36 in one year's time, immediately after it pays a

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Jumbuck Exploration has a current stock price of $2.25 and is expected to sell for $2.36 in one year's time, immediately after it pays a dividend of $0.39. Which of the following is closest to Jumbuck Exploration's equity cost of capital? O A. 27.78% OB. 11.11% O C. 13.33% OD. 22.22%

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