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Hudson Corporation will pay a dividend of $3.26 per share next year. The company pledges to increase its return of 15 percent on your investment,

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Hudson Corporation will pay a dividend of $3.26 per share next year. The company pledges to increase its return of 15 percent on your investment, how much will you pay for the company's stock today? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) dividend by 6.5 percent per year indefinitely. If you require a Stock price EEESR

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