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Von Bora Corporation (VBC) is expected to pay a $2.5 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 $2.5 dividend at the end of this year. If you expect VBC's dividend to grow by 5% per year forever and VBC's equity cost of capital to be 13%, then the value of a share of VBC stock is closest to A. $31.25 B. $12.5 C. $18.75 D. $13.89
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