Absolute Continuous Function is bounded?

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Suppose $v:[a,b]\to R$ is absolutely continuous ($W^{1,1}$) and its derivative $f:\mathbb{R}\to \mathbb{R}$ is Lipschitz continuous.

Is the function v then bounded ?

My reasoning so far: f is continuous $\Rightarrow$ v'=f is bounded $\Rightarrow$ with x AC $\Rightarrow$ x is Lipschitz on a compact set

Is my reasoning correct. If not what property might I be missing ?

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Even easier:

Note that every absolute continuous function is continuous. Since the domain is compact, then by Extreme value theorem it admits a minimum point and a maximum point. Hence it is bounded.