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Posted on Sep 30, 2024

Hudson Corporation will pay a dividend of $2.60 per share next year. The company pledges to increase its dividend by 6.90 percent per year indefinitely.

If you require a return of 15.70 percent on your investment, how much will you pay for the company's stock today?

Multiple Choice

$30.73
$27.64
$10.76
$28.36
$29.55

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