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Owenlnc has a current stock price of $14.20 and is expected to pay a $0.85 dividend in one year. If Owenlnc's equity cost of capital

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Owenlnc has a current stock price of $14.20 and is expected to pay a $0.85 dividend in one year. If Owenlnc's equity cost of capital is 10%, what price would Owenlnc's stock be expected to sell for immediately after it pays the dividend? A. $11.82 B. $15.62 C. $10.34 D. $14.77

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