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Hudson Corporation will pay a dividend of $2.20 per share next year. The company pledges to increase its dividend by 5.80 percent per year indefinitely

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Hudson Corporation will pay a dividend of $2.20 per share next year. The company pledges to increase its dividend by 5.80 percent per year indefinitely If you require a return of 12.10 percent on your investment, how much will you pay for the company's stock today? Multiple Choice $11.62 $33,01 $33.52 $34.92 $36.32

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