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Von Bora Corporation is expected pay a dividend of $1.40 per share at the end of this year and $1.50 per share at the end of the second year. You expect Von Bora's stock price to be $25.00 at the end of two years. Von Bora's equity cost of capital is 10%.
-Suppose you plan to hold Von Bora stock for one year.The price you would expect to be able to sell a share of Von Bora stock at in one year is closest to:
Moral Wrongdoing
Actions or behaviors that are considered unethical or immoral based on societal or personal moral standards.
Diversity
The inclusion of individuals representing more than one national origin, color, religion, socioeconomic stratum, sexual orientation, etc., to enrich a community or organization.
Ethical Pluralism
The belief that there are multiple ethical principles which can be valid, but might come into conflict in certain situations, requiring a balance or choice to be made.
Absolutism
A political theory or form of government in which absolute power is vested in a single ruler or authority.
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