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OwenInc has a current stock price of $ 1 4 . 1 0 and is expected to pay a $ 0 . 7 5 dividend

OwenInc has a current stock price of $14.10 and is expected to pay a $0.75 dividend in one year. If OwenInc's equity cost of capital is 11%, what price would OwenInc's stock be expected to sell for immediately after it pays the dividend?
A. $11.92
B. $14.90
C. $15.65
D. $10.43
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