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Hudson Corporation will pay a dividend of $3.30 per share next year. The company pledges to increase its dividend by 2.70 percent per year indefinitely

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Hudson Corporation will pay a dividend of $3.30 per share next year. The company pledges to increase its dividend by 2.70 percent per year indefinitely If you require a return of 10.30 percent on your investment, how much will you pay for the company's stock today? Multiple Choice $4228 $4516

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