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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:
Organizational Politics
The use of tactics and strategies by individuals or groups within an organization to gain power or influence decisions for personal advantage.
Expert Power
A form of power derived from possessing specialized knowledge or expertise in a particular area, allowing for influence over others.
Knowledge-Based Economy
An economic system where growth is primarily driven by the production, distribution, and use of knowledge and information.
Legitimate Power
The authority that an individual or entity has, which is recognized and accepted by others, often based on a position of leadership or a role within an organization.
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