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Hudson Corporation will pay a dividend of $3.00 per share next year. The company pledges to increase its dividend by 8.00 percent per year indefinitely.

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Hudson Corporation will pay a dividend of $3.00 per share next year. The company pledges to increase its dividend by 8.00 percent per year indefinitely. If you require a return of 13.70 percent on your investment, how much will you pay for the company's stock today? Multiple Choice $52.63 $12.80 o $50.53 $54.74 $48.73

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