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OwenInc has a current stock price of $13.50 and is expected to pay a $1.00 dividend in one year. If Owenino's equity cost of capital

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OwenInc has a current stock price of $13.50 and is expected to pay a $1.00 dividend in one year. If Owenino's equity cost of capital in 12%, what price would Oweninc's stock be expected to sell for immediately after it pays the dividend? O A $11.30 OB. $15.12 O C. $14.12 OD. $9.88

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