OwenInc has a current stock price of $14.50 and is expected to pay a $0.70 dividend...
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OwenInc has a current stock price of $14.50 and is expected to pay a $0.70 dividend in one year. If OwenInc's equity cost of capital is 11%, what price would Owen Inc's stock be expected to sell for immediately after it pays the dividend? OA. $10.78 OB. $16.10 OC. $15.40 OD. $12.32 OwenInc has a current stock price of $14.50 and is expected to pay a $0.70 dividend in one year. If OwenInc's equity cost of capital is 11%, what price would Owen Inc's stock be expected to sell for immediately after it pays the dividend? OA. $10.78 OB. $16.10 OC. $15.40 OD. $12.32
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