Suppose Acap Corporation will pay a dividend of $2.74 per share at the end of this year and $3.06 per thare next yoar. You expect Acap's stock price to be $53.32 in two yean: Assume that Acap's equity cost of capital is 9.1%. a. What price would you be willing to pay for a share of Acap stock todry, "t you planned to hold the stock for two years? b. Suppose instead you plan to hoid the stock for one year. For what price would you expect to be able io self a share of Acap stock in one year? c. Given your anwer in (b), what proe would you be willing to pay for a share of Acap stock today if you plarned to hold the stock for one year? How does this compare lo your answer in (a)? a. What price would you be wiling to pay for a share of Acap stock today, tt you planned to hold the slock for two years? If you plan io hold the stock for two years, the price you would pay for a share of Acap stock today is $ (Rousd to the nearest cert.)