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Jumbuck Exploration has a current stock price of $2.75 and is expected to sell for $2.89 in one year's time, immediately after it pays a

Jumbuck Exploration has a current stock price of $2.75 and is expected to sell for $2.89 in one year's time, immediately after it pays a dividend of $0.31. Which of the following is closest to Jumbuck Exploration's equity cost of capital? O A. 8.18% OB 20.45% OC. 9.82% OD. 16.36%

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