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Hudson Corporation will pay a dividend of $5.20 per share next year. The company pledges to increase its dividend by 6.30 percent per year indefinitely.
Hudson Corporation will pay a dividend of $5.20 per share next year. The company pledges to increase its dividend by 6.30 percent per year indefinitely. If you require a return of 16.00 percent on your investment, how much will you pay for the company's stock today? Multiple Choice $55.75 $53.61 $50.43 $51.46 $21.94 Lohn Corporation is expected to pay the following dividends over the next four years: $15, $12, $8, and $5. Afterward, the company pledges to maintain a constant 4 percent growth rate in dividends forever. If the required return on the stock is 12 percent, what is the current share price? Multiple Choice $75.33 $70.46 $78.71 $69.48 $73.14
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