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Hudson Corporation will pay a dividend of $5.00 per share next year. The company pledges to increase its dividend by 5.20 percent per year indefinitely.

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Hudson Corporation will pay a dividend of $5.00 per share next year. The company pledges to increase its dividend by 5.20 percent per year indefinitely. If you require a return of 12.10 percent on your investment, how much will you pay for the company's stock today? Multiple Choice $27.47 $69.57 $68.88 $72.46 $75.36

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