Von Bora Corporation (VBC) is expected to pay a $3.00 dividend at the.pdf

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Von Bora Corporation (VBC) is expected to pay a $3.00 dividend at the end of this year. If you expect VBC's dividend to grow by 4% per year forever and VBC's equity cost of capital is 14%, then the value of a share of VBS stock is closest to A. $18.00 B. $12.00 C. $16.67 D. $3000.

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