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Wyatt oil presently pays no dividend. You anticipate Wyatt oil will begin paying an annual dividend of $0.48 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 $0.48 per share two years from today (T=2) and you expect dividends to grow by 3.9% per year thereafter If Wyatt Oil's cost of equity capital is 11.6% then the value of one share of Wyatt oil today is closest to O A. $5.59 O B. $5.01 OC. $0.48 OD $6.24 O E $4.14 OF. $3.71

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