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Von Bora Corporation (VBC) is expected to pay a $3.25 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 $3.25 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 is 12%, then the value of a share of VBS stock is closest to:
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