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S Credenza Industries is expected to pay a dividend of $1.10 at the end of the coming year. It is expected to sell for $70

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S Credenza Industries is expected to pay a dividend of $1.10 at the end of the coming year. It is expected to sell for $70 at the end of the year. If its equity cost of capital is 10%, what is the expected capital gain from the sale of this stock at the end of the coming year? Fre O A. $6.36 B. $5.36 C. $63.64 D. $64.64

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