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Owonine has a current stock price of $14.70 and is expected to pay a $0.85 dividend in one year. If Oweninc's equity cost of capital

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Owonine has a current stock price of $14.70 and is expected to pay a $0.85 dividend in one year. If Oweninc's equity cost of capital is 11%, what price would Owenind's stock be expected to sell for immediately after it pays the dividend? O A $12.38 OB. $10.83 OG $15.47 OD. $10.32

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