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Suppose Acap Corpotahon wil pay a dividend of 52.85 per thate at the end of tis year and $2.97 pet share ned year Yos expect

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Suppose Acap Corpotahon wil pay a dividend of 52.85 per thate at the end of tis year and $2.97 pet share ned year Yos expect Acap's stock price to be $52.25 in bio years Assume mat Acap's cquily of captal is 9.3 ). a. What price would you be Winig to pay for a share of Acap stock todsy, ty you planned to bold the slock for two years? b. Suppore instead you plan to hold the slock for cone your For what price would you oupect to be able to sell a stare of Acap stock in one was? c. Given your answer in (b), What price would you be witing to pay tor a share of Acap stock todiyy if you planned to hoid the stock for one year? How does this campare fo your ansimet in (a)? a. What orice would you be willing to pay for a shee of Acap stock lodey, if you planned to hold the stock for two yoars? If you plan to hold the stock for two years, the price you would pey for a shate of Acap stock today is: ( Round to the nearest cent) b. Suppose inslead you plan to toold the stock for 600 yeat. Foe what price would you expect to bo able fo sell a share of Acap stock in ane ynan? The price for which you expect to wel a shewe of Acap stock n ene yoar is!. (Hoond to the noawest cent) c. Cives yout answer in (b) what plice would you be wiling to pay for a shave of Acap shock today if you planned to hold fee slock for ane year? How does this coingare so your andinet in (a)? Wisn youc conpare poul answer in (a) to the arswer in (c). (Select tis best choice below) A. The price in part (it) 6 lower than Bee proe in pat (c) B. The price ir pait (a) a tre ssme as the price in pat (c) c. The buce in part (a) a begher bran the price in bat (c) 0. They aro not companstie vilues

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