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Hudson Corporation will pay a dividend of $4.40 per share next year. The company pledges to increase its dividend by 4.70 percent per year indefinitely.

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Hudson Corporation will pay a dividend of $4.40 per share next year. The company pledges to increase its dividend by 4.70 percent per year indefinitely. If you require a return of 7.70 percent on your investment, how much will you pay for the company's stock today? Multiple Choice $33.89 $140.80

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