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Hudson Corporation will pay a dividend of $5.50 per share next year. The company pledges to increase its dividend by 4.10 percent per year indefinitely.

Hudson Corporation will pay a dividend of $5.50 per share next year. The company pledges to increase its dividend by 4.10 percent per year indefinitely. If you require a return of 8.90 percent on your investment, how much will you pay for the company's stock today? Multiple Choice $119.17 $110.00 $40.64 $110.07 $114.58

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