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Jumbuck Exploration has a current stock price of $2.90 and is expected to sell for $3.05 in one year's time, immediately after it pays a

Jumbuck Exploration has a current stock price of $2.90 and is expected to sell for $3.05 in one year's time, immediately after it pays a dividend of $0.21. Which of the following is closest to Jumbuck Exploration's equity cost of capital? O A. 7.45% O B. 12.41% O C. 15.51% OD. 6.21%

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