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I need an excel solve for this question: Suppose Acap Corporation will pay a dividend of $2.80 per share at the end of this year
I need an excel solve for this question:
Suppose Acap Corporation will pay a dividend of $2.80 per share at the end of this year and a dividend of $3 per share next year. You expect Acap's stock price to be $52 in two years. Assume that Acap's equity cost of capital is 10%.
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