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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 3.30 percent per year indefinitely.
| Hudson Corporation will pay a dividend of $3.30 per share next year. The company pledges to increase its dividend by 3.30 percent per year indefinitely. |
| If you require a return of 5.40 percent on your investment, how much will you pay for the company's stock today? |
Multiple Choice
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$150.86
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$157.14
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$163.43
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$152.12
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$36.72
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Personal Finance
Authors: E. Thomas Garman, Raymond Forgue
8th Edition
0618471421, 9780618471423
