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Hudson Corporation will pay a dividend of $5.30 per share next year. The company pledges to increase its dividend by 3.50 percent per year indefinitely

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Hudson Corporation will pay a dividend of $5.30 per share next year. The company pledges to increase its dividend by 3.50 percent per year indefinitely If you require a return of 9.90 percent on your investment, how much will you pay for the company's stock today? Multiple Choice $79.50 $80,01 $82.81 $382 $8613

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