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Hudson Corporation will pay a dividend of $4.00 per share next year. The company pledges to increase its dividend by 2.20 percent per year indefinitely.

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Hudson Corporation will pay a dividend of $4.00 per share next year. The company pledges to increase its dividend by 2.20 percent per year indefinitely. If you require a return of 4.20 percent on your investment, how much will you pay for the company's stock today? Multiple Choice $208.00 $61.15 $200.00 $192.00 $195.69

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