Owenlnc has a current stock price of $13.20 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? A. $9.56 B. $10.92 C. $14.65 D. $13.65 Luther Industries needs to raise $25 million to fund a new office complex. The company plans on issuing ten-year bonds with a face value of $1000 and a coupon rate of 5.5% (annual payments). The following table summarizes the YTM for similar ten-year corporate bonds of various credit ratings: Rating YTM AAA 6.68% AA 6.88% BBB 6.98% 7.38% BB 7.88% Assuming that Luther's bonds receive a AAA rating, the price of the bonds will be closest to: O A. $1,099 B. $733 C. $916 OD. $1,282