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Nordstrom, Inc. will pay an annual dividend of $1.5 per share next year. The company's annual retention rate is 50% and the ROE is 5%.

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Nordstrom, Inc. will pay an annual dividend of $1.5 per share next year. The company's annual retention rate is 50% and the ROE is 5%. What is the company's expected equity cost of capital if the current value of a single share of the stock is $20.86? O A. 5.55% OB. 4.70% O C. 6.67% OD. 11.88% O E. 7.71% O F. 9.69%

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