Please assist

JRN Enterprises just announced that it plans to cut its dividend from $2.75 to $1.10 per share and use the extra funds to expand its operations. Prior to this announcement. JRN's dividends were expected to grow at 6% per year and JRN's stock was trading at $25.50 per share. With the new expansion, JRN's dividends are expected to grow at 12% per year indefinitely. Assuming that JRN's risk is unchanged by the expansion, the value of a share of JRN after the announcement is closest to OA. 557.48 OB. $10.20 OC. $25.50 OD. $22.99