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UV ltd has a current stock price of $56.75 and is expected to pay a divident of 1.15$ in one year. If the firm's equity

UV ltd has a current stock price of $56.75 and is expected to pay a divident of 1.15$ in one year. If the firm's equity cost of capital is 12%. What price would the stock be expected to sell for immediately after it pays the divident?

A. 57.56

B.57.79

C.62.41

D.63.56

E.65.60

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