In the One-Period Valuation Model with No Dividend Payments the Current

In the one-period valuation model with no dividend payments the current price of the stock is given by ________.

A) $\mathrm{P}_{0}=\frac{\mathrm{P}_{1}}{1+\mathrm{k}_{\mathrm{e}}}$

B) $\mathrm{P}_{0}=\frac{\text { interest }}{1+\mathrm{k}_{\mathrm{e}}}+\frac{\mathrm{P}_{1}}{1+\mathrm{k}_{\mathrm{e}}}$

C) $\mathrm{P}_{0}=\frac{\mathrm{P}_{1}}{1+\mathrm{k}_{\mathrm{e}}} \times 100$

D) $\mathrm{P}_{0}=\frac{\mathrm{P}_{1}}{1+\mathrm{k}_{\mathrm{e}}} \times 365$