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Owenlnc has a current stock price of $13.50 and is expected to pay a $0.95 dividend in one year. If Owenlnc's equity cost of capital
Owenlnc has a current stock price of $13.50 and is expected to pay a $0.95 dividend in one year. If Owenlnc's equity cost of capital is 10%, what price would Owenlnc's stock be expected to sell for immediately after it pays the dividend? O A. $13.90 O B. $9.73 C. $11.12 D. $14.85
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