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Owenlnc has a current stock price of $15.00 and is expected to pay a $1.00 dividend in one year. If Owenlnc's equity cost of capital

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Owenlnc has a current stock price of $15.00 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? O A. $15.65 B. $12.52 OC. $10.96 OD. $16.65

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