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Wyatt oil presently pays no dividend. You anticipate Wyatt Oil will begin paying an annual dividend of $0.46 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 $0.46 per share two years from today (T-2) and you expect dividends to grow by 3.4% per year thereafter. If Wyatt Oil's cost of equity capital is 11.8%, then the value of one share of Wyatt oil today is closest to: O A $3.90 OB. $0.46 O.C. $4.38 OD. $3.49 O E. $5.48 OF. $4.90

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