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Owenlnc has a current stock price of $14.80 and is expected to pay a $0.80 dividend in one year. If Owenlnc's equity cost of capital

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Owenlnc has a current stock price of $14.80 and is expected to pay a $0.80 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. $12.50 OB. $10.94 OC. $16.43 OD. $15.63

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