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Value of a share of vbs stock is closest to

Question:

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 6% 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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Finance Basics: Value of a share of vbs stock is closest to

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Finance Basics: Value of a share of vbs stock is closest to

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