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Oweninc has a current stock price of $13.20 and is expected to pay a $0.70 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 $0.70 dividend in one year. If Owenlnc's equity cost of capital is 10%, what price would Owenlnc's stock be expected to sell for immediately after it pays the dividend? .... O A. $13.82 B. $14.52 C. $9.67 OD. $11.06

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