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Wyatt oil presently pays no dividend. You anticipate Wyatt Oil will begin paying an annual dividend of $0.53 per share two years from today (T=2)

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Wyatt oil presently pays no dividend. You anticipate Wyatt Oil will begin paying an annual dividend of $0.53 per share two years from today (T=2) and you expect dividends to grow by 4.6% per year thereafter. If Wyatt Oil's cost of equity capital is 12.3%, then the value of one share of Wyatt oil today is closest to: A. $6.13 B. $3.84 C. $5.46 D. $6.88 E. $4.31 F. $0.53

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