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Don Bora Corporation (DBC) is expected to pay a $4.00 dividend at the end of this year. If you expect DBC's dividend to grow by

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Don Bora Corporation (DBC) is expected to pay a $4.00 dividend at the end of this year. If you expect DBC's dividend to grow by 5% per year forever and DBC's equity cost of capital is 10%, then the value of a share of DBC stock is closest to: O $80.00 $32.00 O $48.00 O $26.67

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