Wyatt oil presently pays no dividend. You anticipate Wyatt Oil will begin paying an annual dividend of $0.49 per share two years from today (T=2) and you expect dividends to grow by 4.7% per year thereafter. If Wyatt Oil's cost of equity capital is 11.5%, then the value of one share of Wyatt oil today is closest to: A.

$4.26

B.

$7.20

C.

$0.49

D.

$3.82

E.

$6.46

F.

$5.79