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OwenInc has a current stock price of $13.20 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 $13.20 and is expected to pay a $0.80 dividend in one year. If Owenlnc's equity cost of capital is 11%, what price would Oweninc's stock be expected to sell for immediately after it pays the dividend? O A. $11.08 OB. $14.65 O c. $13.85 D. $9.70

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