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Posted on Oct 06, 2024

Hudson Corporation will pay a dividend of $5.10 per share next year. The company pledges to increase its dividend by 4.90 percent per year indefinitely.

Hudson Corporation will pay a dividend of $5.10 per share next year. The company pledges to increase its dividend by 4.90 percent per year indefinitely. If you require a return of 9.70 percent on your investment, how much will you pay for the company's stock today?

$110.50
$106.25
$101.29
$102.00
$33.30

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