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Von Bora Corporation (VBC) is expected to pay a $2.00 dividend at the end of this year. If you expect VBC's dividend to grow by

Von Bora Corporation (VBC) is expected to pay a $2.00 dividend at the end of this year. If you expect VBC's dividend to grow by 6% per year forever and VBC's equity cost of capital to be 12%, then the value of a share of VBC stock is closest to
$42.2
$27.5
$39.7
$35.3
$37.4
$33.3

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