Oswego Plumbing Works (ticker: OPW) just announced that it will cut next year's dividend, Di. from $3.00 to $1.00 per share and the firm will use the extra funds to expand operations. Prior to this announcement, OPW's dividends were expected to grow at 3% per year and OPW's common stock was trading at a price of $24.00 /share. With the new expansion, OPW's dividends are expected to grow at 6% per year indefinitely Assuming the overall risk of the fum is unchanged by this expansion, the value of one share of OPW after the announcement is closest to O A. $24.00 OB. $10.53 OC. $31.58 OD. $8.00