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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 7.00 percent per year indefinitely.

Hudson Corporation will pay a dividend of $4.30 per share next year. The company pledges to increase its dividend by 7.00 percent per year indefinitely. If you require a return of 10.90 percent on your investment, how much will you pay for the company's stock today? Multiple Choice $105.85 $114.67 $110.26 $103.04 $22.45

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