Suppose Acap Coeporation will pay a dividend of $2.87 per share at the end of this year, and $2.95 per share next year, You expect Acap's stock price to be $5156 in two yeart. if Acap's nquity coat of capital is 11.79s a. What price would you be wiling to pay for a shate of Acap stock today, it you planned to hold the stock for two yoars? b. Suppose insiead you plan to hold the stock for one year. What price would you expect to be able to sell a share of Acap itock for in one year? c. Given your answer in part (b), what proo would you be willeg to pay for a share of Acap slock today, if you planned to hold the stock for one yoar? How does this compare to your answer in part (a)? Note: It is best not to round intermediate caloulations - make sure to carry at least four decimat places in intermediate calculations. a. What price would you be wiling to pwy for a share of Acap stock today, if you planned to hold the stock for two years? The price you would be willing to pay, if you planned to hold the stock for two yoars, is $ (Round to the nearest cent) b. Suppose instead you plan to hold the stock for cone year. What price would you expect to be able to sell a share of Acap stock for in ene year? You would expect in one year to be able to sell an Acap share at s. (Round to the nearest cent) c. Given your answer in part (b). What peice would you be wiling to pay for a share of Acap steck today. dyou planned to hold the stock for one year? The price you would pay for an Acap share today is 5 (Round to the nearest cent.) How does this compare to yout answer in part (a)? A. You would pay less for a stock today if you only plan to hold a for one yeat. 8. The price you are wiling to pay for the stock today is the same whether you plan to hold the stock for oce year of two years. C. You would pay loss for a stock today if you plan to hold it for two years instead of one year; D. You would bo willing to pay more for a slock today it you planned to hold it for two years rather than one year