Jumbuck Exploration has a current stock price of $3 and is expected to sell for $3.15 in one year's time, immediately after it pays a dividend of $0.3. Which of the following is closest to Jumbuck Exploration's equity cost of capital? O A. 7.5% B. 18.75% C. 9% O D. 15%

Jumbuck Exploration has a current stock price of $3 and is expected to sell for $3.15 in one year's time, immediately after it pays a dividend of $0.3. Which of the following is closest to Jumbuck Exploration's equity cost of capital? A. 7.5% B. 18.75% C. 9% D. 15%