Horse and Buggy Inc. is in a declining industry. Sales, earnings, and dividends are all Shrinking at a rate of 4% per year. a. If r = 16% and DIV1 = $3, what is the price of a share? (Do not round intermediate calculations.) Price of a share b. What price do you forecast for the stock one year from now? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Stock price $ c. What is the cost of capital on the stock? (Do not round intermediate calculations.) Cost of capital %