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Hudson Corporation will pay a dividend of $4.30 per share next year. The company pledges to increase its dividend by 3.40 percent per year indefinitely.

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Hudson Corporation will pay a dividend of $4.30 per share next year. The company pledges to increase its dividend by 3.40 percent per year indefinitely. If you require a return of 10.00 percent on your investment, how much will you pay for the company's stock today? Multiple Choice $31.03 $62.55 $63.01 $6776

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