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Score: 0 of 1 pt 9 of 181 complete HW Score: 5,56%, 1 of 18 pts P 7-10 (similar to) Question Help Suppose Acap Corporation

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Score: 0 of 1 pt 9 of 181 complete HW Score: 5,56%, 1 of 18 pts P 7-10 (similar to) Question Help Suppose Acap Corporation will pay a dividend of $285 per share at the end of this year and $3.06 per share next year. You expect Acap's stock price to be $51.35 in two years. Assume that Aca's glycost of capital is 11.8% a. What price would you be willing to pay for a share of Acap stock today, if you planned to hold the stock for two years? b. Suppose instead you plan to hold the stock for one year. For what price would you expect to be able to share of Acap stock in one year? c. Given your answer in (b), what price would you be willing to pay for a share of Acapstok today if you planned to hold the stock for one year? How does this compare to your answer in (a? a. What price would you be willing to pay for a share of Acap stook today, if you planned to hold the stock for two years? If you plan to hold the stock for two years, the price you would pay for a share of Acap stook today Round to the nearest cent)

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