Question
Von Bora Corporation (VBC) is expected to pay a $3.00 dividend at the end of this year (D 1 =3). If you expect VBCs dividend
Von Bora Corporation (VBC) is expected to pay a $3.00 dividend at the end of this year (D1=3). If you expect VBCs dividend to grow by 6% per year forever and VBCs equity cost of capital to be 13%, then what is the value of a single share of VBC stock?
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Modern Equity Investing Strategies
Authors: Anatoly B Schmidt
1st Edition
9811239495, 978-9811239496
