Horse and Buggy Inc. is in a declining industry. Sales, earnings, and dividends are all shrinking at a rate of 10% per year. a. If r = 15% and DIV1 = $2, 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 $ 7.20 c. What is the cost of capital on the stock? (Do not round intermediate calculations.) Cost of capital [ 7.5 %