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A Show Work Suppose Acap Corporation will pay a dividend of $1.24 per share at the end of this year and $1.49 per share next

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A Show Work Suppose Acap Corporation will pay a dividend of $1.24 per share at the end of this year and $1.49 per share next year. You expect Acap's stock price to be $27 in two years. Assume that Acap's equity cost of capital is 9%. What price would you be willing to pay for a share of Acap stock today

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