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Von Bora Coporation (VBC) announced their next dividend will be $2.00. Dividends are annual, paid annually. If you expect VBC's dividend to grow by 5%

Von Bora Coporation (VBC) announced their next dividend will be $2.00. Dividends are annual, paid annually. If you expect VBC's dividend to grow by 5% per year forever and VBC's equity cost of capital is 13%, then the value of a share of VBS stock is closest to: Group of answer choices $26.25. $25.00. $11.11. $15.38.

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