Suppose Acap Corporation will pay a dividend of $ 2.83 per share at the end of this year, and $ 3.08 per share next year. You expect Acap's stock price to be $ 53.27 in two years. If Acap's equity cost of capital is 10.3 %, 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?