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OwenInc has a current stock price of $14.00 and is expected to pay a $1.00 dividend in one year. If Owenlnc's equity cost of capital

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OwenInc has a current stock price of $14.00 and is expected to pay a $1.00 dividend in one year. If Owenlnc's equity cost of capital is 11%, what price would Owenlnc's stock be expected to sell for immediately after it pays the dividend? O A $15.54 OB. $14.54 OC. $10.18 OD. $11.63 Click to select your answer E esc 2 3 4 5

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