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OwenInc has a current stock price of $13 and is expected to pay a $0.80 dividend in one year. If Owenlnc's equity cost of capital

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OwenInc has a current stock price of $13 and is expected to pay a $0.80 dividend in one year. If Owenlnc's equity cost of capital is 12%, what price would Owenlnc's stock be expected to sell for immediately after it pays the dividend? O A. $14.21 O B. $15.01 O C. $9.95 OD. $11.37

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