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3) Von Bora Corporation is expected pay a dividend of $1.40 per share at the end of this year and $1.50 per share at the

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3) Von Bora Corporation is expected pay a dividend of $1.40 per share at the end of this year and $1.50 per share at the end of the second year. You expect Von Bora's stock price to be $25.00 at the end of two years. Von Bora's equity cost of capital is 10%. (10 MARKS) a. Suppose you plan to hold Von Bora stock for one year. What price would you expect to be able to sell a share of stock at in one year? b. Suppose you plan on purchasing that Von Bora stock in one year, right after the $1.40 dividend is paid. You then plan on selling your stock at the end of year two, right after the $1.50 dividend is paid. What is the capital gain rate that you will receive on your investment

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