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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

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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 $50.02 in two years. Assume that Acap's equity cost of capital is 10.2%. 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 sell a share of Acap stock in one year? c. Given your answer in part b, what price would you be willing to pay for a share of Acap stock today if you planned to hold the stock for one year? How does this price compare to your answer in part a? a. If you planned to hold the stock for two years, the price you would pay for a share of Acap stock today is \$ (Round to the nearest cent) b. The price would you expect to be able to sell a share of Acap stock for in one year is $ (Round to the nearest cent.) c. Given your answer in part b, the price you would be willing to pay for a share of Acap stock today, if you planned to hold the stock for one year, is $ (Round to the nearest cent) When you compare your answer in part a to the answer in part c, (Select the best choice below.) A. the price in part a is the same (within $0.02 ) as the price in part c. c. Given your answer in part b, the price you would be willing to pay for a share of Acap stock today, if you planned to hold the stock for one year, is \$ (Round to the nearest cent) When you compare your answer in part a to the answer in part c. (Select the best choice below.) A. the price in part a is the same (within s0. 02) as the price in part c. B. the price in part a is more than $0.02 higher than the price in part c. C. the price in part a is more than $0.02 lower than the price in part c. D. they are not comparable values

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