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Oweninc has a current stock price of $15.00 and is expected to pay a $0 75 dividend in one year If Oweninc's equity cost of

Oweninc has a current stock price of $15.00 and is expected to pay a $0 75 dividend in one year If Oweninc's equity cost of capital is 10%, what price would Owenlnc's stock be expected to sell for immediately after it pays the dividend? OA. 516.50 OB. $12.60 C. $15.75 OD. $1103

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