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Credenza Industries is expected to pay a dividend of $1.45 at the end of the...

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Accounting

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Credenza Industries is expected to pay a dividend of $1.45 at the end of the coming year. It is expected to sell for $62 at the end of the year. Ifits equity cost of capital is 8%, what is the expected capital gain from the sale of this stock at the end of the coming year? O A. $3.25 O B. $4.59 O C. $58.75 O D. $57 41 Click to select your answer. 3/26/19

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