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Owenlnc has a current stock price of $13 and is expected to pay a S0.70 dividend in one year. If Oweninc's equity cost of capital

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Owenlnc has a current stock price of $13 and is expected to pay a S0.70 dividend in one year. If Oweninc's equity cost of capital is 12%, what price would Owen Inc's stock be expected to sell for immediately after it pays the dividend? OA. $14.20 O B. $14.90 O C. $9.94 O D. $11.36 ew Ge

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