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Wyatt oil presently pays no dividend. You anticipate Wyatt Oil will begin paying an annual dividend of $0.54 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 $0.54 per share two years from today (T=2) and you expect dividends to grow by 3.8% per year thereafter. If Wyatt Oil's cost of equity capital is 12.6%, then the value of one share of Wyatt oil today is closest to: A. $5.45 B. $0.54 C. $6.14 D. $3.81 E. $4.84 OF. $4.29

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