Owen Inc. has a current stock price of $$13\mathrm{.}5$ and is expected to pay a $$0\mathrm{.}9$ dividend in one year. If Owen's equity cost of capital is $11\%,$ what price would its stock be expected to sell for immediately

after it pays the dividend?

A$.$ $$11\mathrm{.}27$

B$.$ $$14\mathrm{.}99$

C$.$ $$14\mathrm{.}09$

D$.$ $$9\mathrm{.}86$