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Suppose Acap Corporation will pay a dividend of $2.86 per share at the end of this year, and $2.92 per share next year. You expect

Suppose Acap Corporation will pay a dividend of $2.86 per share at the end of this year, and $2.92 per share next year. You expect Acap's stock price to be $51.71 in two years. If Acap's equity cost o...

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